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re: Official Oil/Energy ETF Thread
Posted on 12/15/14 at 7:42 pm to white perch
Posted on 12/15/14 at 7:42 pm to white perch
What about USL
2
Posted on 12/15/14 at 7:44 pm to white perch
Also, USO has lost about 50% since its 52 week high
Posted on 12/15/14 at 7:51 pm to white perch
USL has very low volume.
Concerning USO, DBO is about 50% down too, and I bet it tracks closer on the ride back up.
USO will suffer decay more than DBO will because USO is not managed. I don't know the ins and outs of contango and backwardation, but I know 1) it's not a good thing. 2) DBO attempts to reduce its impact.
Concerning USO, DBO is about 50% down too, and I bet it tracks closer on the ride back up.
USO will suffer decay more than DBO will because USO is not managed. I don't know the ins and outs of contango and backwardation, but I know 1) it's not a good thing. 2) DBO attempts to reduce its impact.
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