AI
Thursday, July 10, 2008 11:48:15 AM
DCR the 2nd coming UOY DOY
for those who want to speculate on West Texas Crude in the equity markets:
MacroMarkets recently released two new crude oil-based ETFs, the MacroShares $100 Oil Up fund
(UOY) and MacroShares $100 Oil Down fund (DOY), giving investors the chance to invest in both
rising and declining oil prices as they see fit. This is actually a re-release of the former paired ETFs
trading under the symbols UCR and DCR, which closed due to certain triggers being hit by run-away
Crude Oil [CRUDE] prices. The funds to not physically buy or sell Crude Oil in physical form or
through the futures markets, but rather transfer Treasury assets back and forth based upon changes in
West Texas Intermediate oil prices on the spot market. The new MacroMarkets ETFs are offered at an
expense ratio of 0.95%.
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
for those who want to speculate on West Texas Crude in the equity markets:
MacroMarkets recently released two new crude oil-based ETFs, the MacroShares $100 Oil Up fund
(UOY) and MacroShares $100 Oil Down fund (DOY), giving investors the chance to invest in both
rising and declining oil prices as they see fit. This is actually a re-release of the former paired ETFs
trading under the symbols UCR and DCR, which closed due to certain triggers being hit by run-away
Crude Oil [CRUDE] prices. The funds to not physically buy or sell Crude Oil in physical form or
through the futures markets, but rather transfer Treasury assets back and forth based upon changes in
West Texas Intermediate oil prices on the spot market. The new MacroMarkets ETFs are offered at an
expense ratio of 0.95%.
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
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