Replies to post #59310 on WEALTH UNIVERSITY

[jamiehex]

DXO looked oversold yesterday and is still dropping today. I would like some smarter people than me to comment on it as well.

[GobsoGreen]

DXO here ya go...

http://www.dbfunds.db.com/Notes/OIL/index.aspx

This is why i like DXO long term though... 3mo.T bills are so low, plus the oil contracts are 6 months out, meaning that when we start to see some confidence flow back into oil, this will start to rise..

DXO doest track oil to a tee but IMO longer term and even for trading its great because sometimes it moves more than double leverage GLTY bud