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« Rally like it's 1938 ? | Main | Semiconductors ETF's : SMH,USD. »

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 by Serge Farra at 11:37 AM in DTO, SCO, UCO, USO |

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