Replies to post #1139 on PowerShares DB Crude Oil DXO (DXO)

[trade2much]

Strong: that seems like a very viable way to look at it.

I had traded it since the beginning of the year a few times but currently I hold about 40% of what I used to, due to a liquidation at 4.7. I covered my total share costs+ on this last trade and the remaining profit is just riding as shares, previously.

This one has been good to us for sure and longer term it likely will continue to be as demand grows and supply shrinks.