InvestorsHub Logo

looking 4 a win

03/27/15 4:14 PM

#6258 RE: Winner1992 #6257

I am long till August-Sept I'm thinking. These day to day actions don't bother me, just look at them for more buying opportunities. If we somehow discover cold fusion, I'm guessing we'll need oil for a while longer.

gman7777

03/27/15 4:24 PM

#6263 RE: Winner1992 #6257

Maybe others can give a better answer or correct my thinking, but here goes.

I personally have looked at the math concerning decay a fair amount. What I walk away with is, yes there is decay, but as long as you are not holding this for 1 year +, I would worry more about the percentage you get on a rise up than decay.

I have traded Uwti and Dwti afew times holding for no more than a week, and I have been affected by decay ZERO. Irregardless if the price was where it was at previously, making 20% is still making 20%.

Think short term (less than a year for sure) and you should be fine.

If you hold for 6 months and it trades sideways (doubtful given the volatility and geopolitical events on the horizon) you might feel it a little.

Best answer I can give you.