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

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To: profile_14 who wrote (103048)6/17/2008 11:48:40 AM
From: Fiscally Conservative  Read Replies (1) of 206109
 
I've notice that with most of these newly created Pro-Fund shares in variant categories the double inversion rule has worked against most investors in trying to hedge positions or outright gain on presumed market peaks. Rule of thumb being; one should consider taking the opposite side of the trade when the market variant commodity in question has risen so much. To what degree,if any at all,might these Pro-Fund shares play in effecting future market outcomes? One could only wonder...
I would imagine based on this premise DUG has the potential to fall much further before any sustainable bounce gains momentum and turns the tide.

proshares.com
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