AI
Tuesday, April 29, 2008 9:14:04 PM
DCR
This is actually an ETF which moves inversely to the price of oil. Guess they can have pincers too.
Soooo, if ya buy this you go short oil. or at least I presume to think. If the fed cuts tiny or holds rates it should help the dollar and trim some from oils recent ballistic moves. Got some today.
This is actually an ETF which moves inversely to the price of oil. Guess they can have pincers too.
Soooo, if ya buy this you go short oil. or at least I presume to think. If the fed cuts tiny or holds rates it should help the dollar and trim some from oils recent ballistic moves. Got some today.
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