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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Cogito Ergo Sum who wrote (83006)	4/14/2007 10:42:52 PM
From: upanddown	Read Replies (1) of 206209

Sorry, I didn't mean to start a "are we all doomed?" discussion. I'm an optimist. I think humankind will somehow muddle through all these peaks. Has anyone tried these ultralong and/or ultrashort oil and gas ETFs from ProFunds? The Ultra Oil & Gas tries to do 2X the performance of the Dow Jones U.S. Oil & Gas Index. The UltraShort Oil & Gas tries to do 2X the INVERSE performance of the Dow Jones U.S. Oil & Gas Index. The Dow Jones U.S. Oil & Gas Index (DJUSEN) is a huge index of 85 US energy companies, large and small. finance.yahoo.com The ETFs started end of January and seem to be reasonably close to reaching their objectives. finance.yahoo.com^djusen;range=20070201,20070413;compare=dig+dug;indicator=volume;charttype=line;crosshair=on;logscale=on;source=undefined You gotta love the ticker symbols. DIG for the long and DUG for the short. I think there will be a point in the next few months when DUG will work. What's a good technical indicator? More than 100 posts here in a single day? John

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