What's wrong with DUG?

Discussion in 'Trading' started by c.chugani, Jul 2, 2008.

  1. S2007S

    S2007S



    DUG does not track OIL, if you want to invest in something that moves in the total opposite of oil BUY DTO, I said this on July 3rd when it was trading around $22, today its $30+...oil is headed further down, however I would keep in mind that it could bounce back to $125+, next support in oil is around $109.00.
     
    #21     Aug 5, 2008