ETNs (Exchange Traded Notes) trade like stocks and unlike the current ETFs like USO, DIG and DUG, these are supposed to track oil much more exact! Here are the new symbols: Crude Oil Double Short ETN: (NYSE Arca: DTO) Crude Oil Short ETN: (NYSE Arca: SZO) Crude Oil Double Long ETN: (NYSE Arca: DXO) Crude Oil Long ETN: (NYSE Arca: OLO) DTO is only a few days old and I am still doing some due dilly but I believe this is the only "pure play" inverse for the actual oil commodity. Most of my readers are very frustrated if they have a short bias on oil because either USO is to hard to borrow or DUG is a very esoteric etf that does not really correlate purely with oil. How many times is oil down and DUG is down big? That's because XOM or CVX may be "up" that day. Oil stocks lately have not traded in lock step with the underlying commodity. Very confusing, and the average investor thinks he's getting short oil when he or she buys DUG. Only partially. Going forward, this is the one I will play if I want to be short oil. It is still new and the liquidity needs to get a little better. Do your homework and good luck. http://tinyurl.com/6kpyrt Here is another link that should be useful: http://tinyurl.com/5o2p6e Happy trades! Steve Daily chart of USO - gap still holding as support and the trend is your friend.