Would this be a good

    Posted by papa on 25th of Jul 2008 at 02:31 pm

    Would this be a good point 99.40 to pick up USO?

    dbo is a 2x oil

    Posted by cwa82675 on 25th of Jul 2008 at 02:36 pm

    dbo is a 2x oil fund that doesnt have the tax paperwork uso does.

    "dbo is a 2x oil

    Posted by pthoreson on 25th of Jul 2008 at 03:17 pm

    "dbo is a 2x oil fund that doesnt have the tax paperwork uso does."

    I have never traded USO, but have been considering a position as crude nears 120. What sort of tax paperwork are we talking about?

    I believe this is correct,

    Posted by cwa82675 on 25th of Jul 2008 at 03:21 pm

    I believe this is correct, but if not someone correct me....It is considered a limited partnership so you receive a K1. 

    USO, DBO

    Posted by poohnana on 25th of Jul 2008 at 03:21 pm

    Are there any tax issues holding USO in ab IRA?  What is the tax difference with DBO versus USO if you have time to briefly explain.  Thank

    dbo/dto is just like any

    Posted by cwa82675 on 25th of Jul 2008 at 03:26 pm

    dbo/dto is just like any other stock where uso is a legal partnership (like going into business together). 

    here is someones blog on it...http://www.footballchance.com/blog/?p=46

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