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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: upanddown who wrote (115710)12/23/2008 1:45:42 PM
From: patron_anejo_por_favor  Read Replies (1) of 206325
 
>>I finally bought some DXO this morning. To me, it is a $2 call on higher oil prices with no expiration date. Based on prior prices of DXO for $60 oil, it should be a double at $60. I know there will be slippages and inefficiencies along the way with these 2x ETFs but I am just going to put it away and be patient.<<

I did the same. It'll double in the next 12 months, easily.
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