The World is Protesting High Oil Prices, thus DUG
Ted Gottsegen (June 10th, 2008) Writes:
The world is all pissed off about high oil and gas prices; protesting is happening in Scotland, Hong Kong, Nepal and Europe as I write. Spanish truck drivers are blockading their country’s border with France for crying out loud. There's only one way to play it - UltraShort Oil & Gas ProShares (AMEX:DUG).
DUG is the answer, and it's probably wise to build a small position before everyone else does. What the hell is DUG?
UltraShort Oil & Gas ProShares (AMEX:DUG) seeks daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the Dow Jones U.S. Oil & Gas index.
The fund normally invests 80% of assets in financial instruments with economic characteristics that should be inverse to those of the ...
Tags for this Post:
amex, Amp, Current Market News, Energy Markets, Europe, Hong Kong, Nepal, Oil And Gas, oil and gas prices, Oil Gas, Oil Prices, Proshares, Scotland, Stocks to Watch, Truck Drivers, World Oil
amex, Amp, Current Market News, Energy Markets, Europe, Hong Kong, Nepal, Oil And Gas, oil and gas prices, Oil Gas, Oil Prices, Proshares, Scotland, Stocks to Watch, Truck Drivers, World Oil


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