I bought 1,000 [[DUG]] @ $37.50 and 1,000 [[UDN]] @ $29.44.
Disclaimer: If you buy DUG or UDN because of this post, your neighborhood will turn into a desolate cesspool. And, you may lose money.
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::sniff sniff::
Do I smell meatballs?
It’s about that time.
These are offsetting trades.. unless you are calling a big volatility spike in one or the other, I can not see it. You know that Ben Bitch is ready to do a drop next week, why short oil?
it’s shorting the oil companies, not the commodity. there is a difference
Yea Gunners, I fucked up, it’s an inverse of inverse, exactly the kind of etf mcFly would love.