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Message Boards Settings UltraShort Oil & Gas ProShares (DUG) - Quote Info
Re: DUGGED Again      6-Nov-09 11:15 am    
"Even though I do not get a high on people's misfortunes in regards to un-employment, i was encouraged this morning by the 10.2%..."

Being long on DUG is not about taking pleasure in other people's misfortune.

It is about exploiting imbalances in the market. The jobs report is a fact; being happy or sad about it won't change it.

The oil price, IMO, is not justified given the current situation (no surprise to most) and I intend to use it to my advantage. The same would be true if the situation was reversed. Also, energy prices going down is a benefit to most.....

Job growth might have cause oil to go down as well as it might have sparked a USD rally; the overall point is the trying to take advantage of the market being overpriced if that is how one feels.

time for me to shut up for a while.....regards...
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rudin14

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  Subject Author Rating Time of Post (ET)  
 
Everybody here getting to understand what a 'Dugging' i...
cubemeister... Rate it 6-Nov-09 09:43 am  
 
I've seen plenty of irrational tradng, but this is...
cubemeister... (1 Rating) 6-Nov-09 09:47 am  
 
Even though I do not get a high on people's m...
cjsauby2003 (1 Rating) 6-Nov-09 09:56 am  
 
Just a head fake. People can't hel...
rudin14 (1 Rating) 6-Nov-09 10:02 am  
 
What is so frustrating is that it is jus...
cubemeister... (1 Rating) 6-Nov-09 10:05 am  
 
"Why is this just fuel for higher a...
rudin14 (1 Rating) 6-Nov-09 10:10 am  
 
Yeah, I do get - it could very...
cubemeister... (1 Rating) 6-Nov-09 10:17 am  
 
Re: DUGGED Again
rudin14 Not rated 6-Nov-09 11:15 am  
 
I am currently banging my head against a wall...
cubemeister... (1 Rating) 6-Nov-09 09:56 am  
 
Be carefull banging that head into the w...
cjsauby2003 Rate it 6-Nov-09 10:01 am  
 
I'm hoping it is. The only thing...
cubemeister... Rate it 6-Nov-09 10:07 am  
 
That is it. I think we ar...
rudin14 (1 Rating) 6-Nov-09 10:15 am  
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UltraShort Oil & Gas ProShares (DUG)

Chart for UltraShort Oil & Gas ProShares (DUG)
On Dec 18: 13.06 Down 0.09 (0.68%)
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