The United States Brent Oil ETF, LP (BNO): Agree.. these companies have already sta...

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The United States Brent Oil ETF, LP (BNO)

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Re: Jld3294 post# 18

Monday, 01/26/2015 9:54:42 AM

Monday, January 26, 2015 9:54:42 AM

Agree.. these companies have already started cuts.. to protect against losses.

This ETF has slippage.. so a long might not even benefit when going oil starts to go up.

This ETF buys swaps and futures.. only looking at daily. Thus you buy a future priced higher when they settle at spot. You just lost.

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