I love the ~DIG~/~DUG~'trades, but I have a hunch that ~DXO~/~DTO~ will perform with more strength...
I think that we are in the midst of the market forming new divergences...{In other words...I like oil but not really oil stocks(yet)...I believe that may/could be the difference between ~DXO~ & ~DIG~...}
went ahead and closed my ~DXO~ @ 2.32 for a slight 10%er...
...I'll probably regret selling after tomorrow(3.68 is an easy target if everything follows the current trend)...chart still looks absolutely beautiful and bullish...
I was also trading the ~USO~ 30 calls several times the last two days...I seen a divergence in ~USO~ not breaking yesterdays high-and ~DXO~ did break yesterdays high...those kind of divergences give my contrarians mind a headache, and usually I end up in cash...
...there are always trade-set-ups out there somewhere...time to get out the microscope again...gotta love a fresh start...