ProShares Ultra Short Oil & Gas ETF (DUG)

[BradL45]

I agree, we might be on top of a small bubble.

My energy ETF (and ETN) play now revolves around, DXO(largest $$ wise) DIG/DUG, and a smaller amount of ERY for arbitrage with DXO in the Roth accounts. DXO, DIG and DUG have nice liquidity, with ERX and ERY still lagging in the 2mil range daily.

Overall I'm heavier in the bullish stocks, but traded lots of shares in all of them. DXO, I'm on free shares, and have added 10% to them in the past 2 days. We will see if this week if I can sell off some ERY and DUG for greater than 10% :) I tend to sell 10% moves north, DXO, DIG, and ERX have been SCREAMING, and I think they will cycle.

I waiting to see if the DJIA can bounce out of the 8-9000 channel, if so Oil might leap ahead more, but I'm thinking we will see more volatility this month due to the Obama factor. Jan. could turn out to be a good traders month as I will trade to more free shares of all my Oil stocks.

DIG and DUG rock!!!!!!!!!!!, I'm ready for some DUG action in the coming days.

GL