You guys becareful shorting oil sector, while it does look like
oil will pull back the $BPENER says the sector should go higher
here for things like DIG, XLE, OIH
I haven't used it in a while....but REING is the
underlying for DIG and DUG... it should work for ERY and
ERX
You can go to the company website for ERX and ERY and look up
whe underlying that they base it off of....or at least adjust to at
the end of the day. Doubles and triples are
tricky. The company that invented them
isn't going to lose money..so they tend to lose value no matter
what.
REING was the underlying For dig and dug... Let me check if it
still is in existance. I haven't used it for awile.... but I
used to trade DIG and DUG using that
underlying. Most of the companies that do
the double and triple ETF's tell you what the underlying is
on their websites. Proshares,
Blackrock.... whoever.
ERY....
Posted by marketguy on 3rd of Mar 2011 at 07:48 am
ugggh....I "hate" ERY....oil goes up, it goes down....oil goes down (for once) and it STILL goes down....
ERY relates to Oil Stocks
Posted by steve on 3rd of Mar 2011 at 08:12 am
ERY relates to Oil Stocks not Crude Oil.
yep....realize that but by and large oil stocks follow oil prices thus my comment...
Posted by marketguy on 3rd of Mar 2011 at 08:22 am
Yes, just be aware that
Posted by ditch on 3rd of Mar 2011 at 08:33 am
Yes, just be aware that the refiners get squeezed when the price of the raw product is high.
Correct, unless they have hedged
Posted by steve on 3rd of Mar 2011 at 08:37 am
Correct, unless they have hedged on future product deliveries. These are all factors one must be aware of when trading specific companies.
Shorts
Posted by zach06 on 3rd of Mar 2011 at 08:43 am
Keep in mind that March 4, 2011 is an "eleven day"..... Nothing good in history happens on an 11 day. You can google it... pretty scary stuff.
zach...u keep posting this but I found nothing...can u post a link or something about what this is suppose to mean? TIA.
Posted by marketguy on 3rd of Mar 2011 at 09:04 am
Futures just dropped 3+ pts
Posted by simmon on 3rd of Mar 2011 at 08:53 am
Futures just dropped 3+ pts in less than a min...any significant news?
ECB's Trichet says rate hike in April possible.
Posted by saturn6 on 3rd of Mar 2011 at 09:01 am
My advice is too quick
Posted by steve on 3rd of Mar 2011 at 08:28 am
My advice is too quick trying to pick tops and wait for the trend to change before getting aggressive on shorts.
You guys becareful shorting oil
Posted by ditch on 3rd of Mar 2011 at 08:20 am
You guys becareful shorting oil sector, while it does look like oil will pull back the $BPENER says the sector should go higher here for things like DIG, XLE, OIH
ERY
Posted by zach06 on 3rd of Mar 2011 at 08:10 am
I haven't used it in a while....but REING is the underlying for DIG and DUG... it should work for ERY and ERX
You can go to the company website for ERX and ERY and look up whe underlying that they base it off of....or at least adjust to at the end of the day. Doubles and triples are tricky. The company that invented them isn't going to lose money..so they tend to lose value no matter what.
hallo, what do you mean whith
Posted by lg on 3rd of Mar 2011 at 09:22 am
hallo,
what do you mean whith REING ?
REING
Posted by zach06 on 3rd of Mar 2011 at 09:24 am
REING was the underlying For dig and dug... Let me check if it still is in existance. I haven't used it for awile.... but I used to trade DIG and DUG using that underlying. Most of the companies that do the double and triple ETF's tell you what the underlying is on their websites. Proshares, Blackrock.... whoever.
REING
Posted by zach06 on 3rd of Mar 2011 at 10:00 am
I guess they discontinued it.... You can still look up on the sites to see what the underlying is for the doubles and triples.