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March 23, 2009

2009 Oil Bottom update: USO,DXO,UCO,DTO,SCO.

2009-03-23_1122

My target on USO remains $46-$47 for the end of 2009.

The bullish case for Oil ETF's is clear ! 

Here is an update on the following Oil ETF's :

USO : United States Oil Fund 

USO

 

DXO : Powershares DB Crude Oil Double Long  

DXO

 

UCO : Proshares Ultra DJ-AIG Crude Oil 

UCO

 

DTO : Powershares DB Crude Oil Double Short 

DTO_001

 

SCO : Proshares Ultra Short DJ-AIG Oil 

SCO_001

 

 

Posted at 06:37 AM in DTO, SCO, UCO, USO |

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  • The opinions expressed on this site are made available for educational and entertainment purposes only. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance.