Get ready to short this rally in oil

Question

USO ...ETF surrigate for oil ...Short this at 111 I will tell you when to take profit It is now 106.65...You can also buy the DUG ..Oil double short index at 30.75 if you wish now 32.70 should happen soon

mikey22222 · Answer

USO ...ETF surrigate for oil ...Short this at 111 I will tell you when to take profit It is now 106.65...You can also buy the DUG ..Oil double short index at 30.75 if you wish now 32.70 should happen soon

Gunners · Answer

remember that DUG doesn&#x27;t short the commodity, but the Oil companies.  double short the commodity is DOY.  &#xD;&#xA; &#xD;&#xA;Top ten components of DUG:&#xD;&#xA; &#xD;&#xA;&#xD;&#xA;&#xD;&#xA;Exxon Mobil Corp. &#xD;&#xA;24.40%&#xD;&#xA;&#xD;&#xA;Chevron Corp.&#xD;&#xA;10.59%&#xD;&#xA;&#xD;&#xA;ConocoPhillips&#xD;&#xA;6.93%&#xD;&#xA;&#xD;&#xA;Schlumberger Ltd.&#xD;&#xA;6.59%&#xD;&#xA;&#xD;&#xA;Occidental Petroleum Corp.&#xD;&#xA;3.80%&#xD;&#xA;&#xD;&#xA;Devon Energy Corp.&#xD;&#xA;2.59%&#xD;&#xA;&#xD;&#xA;Transocean Inc.&#xD;&#xA;2.48%&#xD;&#xA;&#xD;&#xA;Halliburton Co.&#xD;&#xA;2.41%&#xD;&#xA;&#xD;&#xA;Apache Corp.&#xD;&#xA;2.38%&#xD;&#xA;&#xD;&#xA;Marathon Oil Corp.&#xD;&#xA;1.90%

Gunners · Answer

sector weightings of DUG:&#xD;&#xA;&#xD;&#xA;&#xD;&#xA;Oil and Gas Producers&#xD;&#xA;72.83%&#xD;&#xA;&#xD;&#xA;Oil Equipment, Services and Distribution&#xD;&#xA;27.02%&#xD;&#xA;&#xD;&#xA;Alternative Energy&#xD;&#xA;0.15%

accventures · Answer

short it

Exxon Mobil Corp.	24.40%
Chevron Corp.	10.59%
ConocoPhillips	6.93%
Schlumberger Ltd.	6.59%
Occidental Petroleum Corp.	3.80%
Devon Energy Corp.	2.59%
Transocean Inc.	2.48%
Halliburton Co.	2.41%
Apache Corp.	2.38%
Marathon Oil Corp.	1.90%

Oil and Gas Producers	72.83%
Oil Equipment, Services and Distribution	27.02%
Alternative Energy	0.15%

Get ready to short this rally in oil

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