3309 Drysdale Ct
Edwardsville, IL 62025
http://www.indexuniverse.com/blog/5362-uso-oil-usl.html
Always amused by these guys coming out with what we all now know long after we have been affected.
I trade the oil futures themselves from now. and invest in the better oil and gas companies.
Glad you knew this, you're smarter than I. I never knew there was a USL!
I was talking about him hi-liting the failure of USO to keep pace with the price of oil, as USL has been as bad as USO due to the depth of contango...
http://stockcharts.com/h-sc/ui?s=$WTIC&p=D&yr=0&mn=9&dy=20&id=p77797221961&a=160902950
Hence why I use oil futures when I wish to trade oil.
As for knowledge of ETF's here is a list I have in my Oil ETF folder...
http://etf.stock-encyclopedia.com/category/oil-price-etfs.html
http://www.unitedstates12monthoilfund.com/
Great explanation. thanks for sending it on.
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Good article why USL is better than USO
Posted by brophy on 17th of Feb 2009 at 09:39 am
http://www.indexuniverse.com/blog/5362-uso-oil-usl.html
Always amused by these guys
Posted by saturn6 on 17th of Feb 2009 at 10:10 am
Always amused by these guys coming out with what we all now know long after we have been affected.
I trade the oil futures themselves from now. and invest in the better oil and gas companies.
Glad you knew this, you're
Posted by brophy on 17th of Feb 2009 at 11:00 am
Glad you knew this, you're smarter than I. I never knew there was a USL!
I was talking about him
Posted by saturn6 on 17th of Feb 2009 at 11:38 am
I was talking about him hi-liting the failure of USO to keep pace with the price of oil, as USL has been as bad as USO due to the depth of contango...
http://stockcharts.com/h-sc/ui?s=$WTIC&p=D&yr=0&mn=9&dy=20&id=p77797221961&a=160902950
Hence why I use oil futures when I wish to trade oil.
As for knowledge of ETF's here is a list I have in my Oil ETF folder...
http://etf.stock-encyclopedia.com/category/oil-price-etfs.html
http://www.unitedstates12monthoilfund.com/
Great explanation. thanks for sending
Posted by rogerv on 17th of Feb 2009 at 09:52 am
Great explanation. thanks for sending it on.