Thursday, July 24, 2008

Alert: DUG

We have a full position in DUG, 1/2 @ 30.13 and 1/2 @ 34.72. This is from a link in the very next post below.

Apart from easing the mortgage crisis and protecting against such short- selling, the team worked on maintaining the oil price, and that responsibility fell to Lukken.


I don't like the action of this ETF right now but I think a fix is in in oil, so put stops in DUG just below todays low of 34.85.

Sell 100 shares DUG @ 34.75.

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