SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (115710)12/23/2008 12:22:52 PM
From: CommanderCricket  Read Replies (1) | Respond to of 206325
 
What happens if crude drops another $10 bbl. Does DXO at 3x crude go to zero?

Crude at $30 and DXO at $0.00 - does that sound right?

Shouldn't a plot cross at zero, less fees etc...?



To: upanddown who wrote (115710)12/23/2008 1:45:42 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to 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.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News