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stockstradr
ParticipantI’m going to spend a week doing some research on the best ways to invest long in crude oil
I’ll report what i find.
Here are a few interesting links:
ParticipantI’m going to spend a week doing some research on the best ways to invest long in crude oil
I’ll report what i find.
Here are a few interesting links:
ParticipantThe indirect way is through tickers “GLD” (intended 1:1 tracking to bullion, less fees) or ProShares “UGL” where the latter is intended to track twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
But some say that you cannot trust the gold ETF’s. So fine. You can buy bullion via mail order from companies like Kitco.com. There are others as well.
Personally, I’m hoping gold will come back down to about $750 to $800, so we can buy more at lower cost. I can only hope and wait.
ParticipantThe indirect way is through tickers “GLD” (intended 1:1 tracking to bullion, less fees) or ProShares “UGL” where the latter is intended to track twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
But some say that you cannot trust the gold ETF’s. So fine. You can buy bullion via mail order from companies like Kitco.com. There are others as well.
Personally, I’m hoping gold will come back down to about $750 to $800, so we can buy more at lower cost. I can only hope and wait.
ParticipantThe indirect way is through tickers “GLD” (intended 1:1 tracking to bullion, less fees) or ProShares “UGL” where the latter is intended to track twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
But some say that you cannot trust the gold ETF’s. So fine. You can buy bullion via mail order from companies like Kitco.com. There are others as well.
Personally, I’m hoping gold will come back down to about $750 to $800, so we can buy more at lower cost. I can only hope and wait.
ParticipantThe indirect way is through tickers “GLD” (intended 1:1 tracking to bullion, less fees) or ProShares “UGL” where the latter is intended to track twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
But some say that you cannot trust the gold ETF’s. So fine. You can buy bullion via mail order from companies like Kitco.com. There are others as well.
Personally, I’m hoping gold will come back down to about $750 to $800, so we can buy more at lower cost. I can only hope and wait.
ParticipantThe indirect way is through tickers “GLD” (intended 1:1 tracking to bullion, less fees) or ProShares “UGL” where the latter is intended to track twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
But some say that you cannot trust the gold ETF’s. So fine. You can buy bullion via mail order from companies like Kitco.com. There are others as well.
Personally, I’m hoping gold will come back down to about $750 to $800, so we can buy more at lower cost. I can only hope and wait.
ParticipantMadeInTaiwan,
I do agree with the implied message of your post, that I need to look carefully at UCO and understand better how they mimic 2X that Dow Jones Index, and I need to better understand what that DJ index itself is.
Good points. Let me look into it.
ParticipantMadeInTaiwan,
I do agree with the implied message of your post, that I need to look carefully at UCO and understand better how they mimic 2X that Dow Jones Index, and I need to better understand what that DJ index itself is.
Good points. Let me look into it.
ParticipantMadeInTaiwan,
I do agree with the implied message of your post, that I need to look carefully at UCO and understand better how they mimic 2X that Dow Jones Index, and I need to better understand what that DJ index itself is.
Good points. Let me look into it.
ParticipantMadeInTaiwan,
I do agree with the implied message of your post, that I need to look carefully at UCO and understand better how they mimic 2X that Dow Jones Index, and I need to better understand what that DJ index itself is.
Good points. Let me look into it.
ParticipantMadeInTaiwan,
I do agree with the implied message of your post, that I need to look carefully at UCO and understand better how they mimic 2X that Dow Jones Index, and I need to better understand what that DJ index itself is.
Good points. Let me look into it.
ParticipantAnother trade I like today, at least somewhat:
910 on the S&P500? That’s OVERVALUED, given this economy.
I went 2X short the S&P500 today, with 3% of portfolio. Bought SDS again.
Yes, only 3%; I think the rally has more get-up-and-go left in it, which I plan to dollar-cost-average into.
This time I’m not going chickenshit and close those shorts prematurely, even if the rally goes much higher; I’m going to hold these short positions (and add to them) until we see 650 on the S&P500, even it takes a year.
ParticipantAnother trade I like today, at least somewhat:
910 on the S&P500? That’s OVERVALUED, given this economy.
I went 2X short the S&P500 today, with 3% of portfolio. Bought SDS again.
Yes, only 3%; I think the rally has more get-up-and-go left in it, which I plan to dollar-cost-average into.
This time I’m not going chickenshit and close those shorts prematurely, even if the rally goes much higher; I’m going to hold these short positions (and add to them) until we see 650 on the S&P500, even it takes a year.
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