
NYSEARCA:USO
Would you consider shorting this? Short-term, you might have a good play here because he thinks oil has run up over $100 just on the back of some geopolitical tension out of Egypt. Realistically he feels the optimal oil price should be $85-$90. Long-term, he would not short oil as fundamentals continue to look good with demand from global economies coupled with some of the challenges of getting oil out of the ground.
DB Crude Oil Double Short (DTO-N) or U.S. Oil Fund (USO-N)? Really doesn’t like the leverage to ETFs. People really haven’t taken a close look as to how these things can trade. These are a very short term trading vehicle and even if you are in the right direction, because they recalculate the price on a daily basis, you can lose money. You have to be really knowledgeable and really paying attention.