PowerShares DB Oil Fund (DBO)

All Comments on DBO

  • commenter
    Aug 30 02:10 AM
    My Website
    25 ETFs That Actually Are Making Money [view article]
    And with ETFs these days you don't get much . . . You could have saved us a lot of time if in the opening sentence (the only sentence!) you had said, "Don't bother with ETFs!" Reply
  • commenter
    Aug 29 03:10 PM
    My Website
    Gustav and the Oil Volatility Index [view article]
    The speculators will look for any reason (valid or not) to spike the prices. Reply
  • commenter
    Aug 29 11:22 AM
    25 ETFs That Actually Are Making Money [view article]
    I think baller miss understood Jim Wiandt's point re ETF fees. By comparison with mutual fund fees, all the leading ETFs are cheaper. His point is that the fees of leading ETFs were higher than under performing ETFs. Well, you get what you pay for (sometimes). Reply
  • commenter
    Aug 29 09:18 AM
    25 ETFs That Actually Are Making Money [view article]
    At last, someone has stepped up to the plate and admitted to the qudmire this market has been since Otober. The combination of only shorting or playing commodities ( which have trapped many with the sudden downturn (steel)) combined with the high fees these ETFs charge have driven many of us to the sidelines scratching our head or trying to daytrade (gasp)!
    Where are the foreign markets that are supposed to be decoupled from the US market and provide us some returns(adequate) while we are in a downturn?
    Or where is the defensive sector of our US market that should provide a similiar relief.
    Thanks for a good article that shows the true picture.
    Reply
  • commenter
    Aug 29 08:18 AM
    Gustav and the Oil Volatility Index [view article]
    I have looked at this graph,and you know what?
    This graph have no meaning to an experienced trader but I expect novice trader would not sleep at night thinking about what you just showed and how to interpret it.
    Relax everybody,here what it means (nothing actually)
    The volatility in commodities markets are little bit different from let's say stock market index as daily fluctuations are bigger,that simple.
    The higher is ATR (average true range a day) the bigger is volatility,nobody can make money knowing volatility of let's say CL or NG or just anything else as prices are driven by expectations for the future but even then daily fluctuations are daily fluctuations.
    If one have good idea where the price of anything goes then he gives a s..t about volatility,Gustav and just anything else.
    Yesterday I was trading alltogether about 20-24 mini NatGas in and out 1 hour before close of electronic session.I didn't even had time to read about Gustav as for me 10% fall in the price of NG was enough to cut few cents up and down the way when in a meantime some other traders tried to know more about Gustav.I made about 2500$ in less than 30 minutes same as I made 2200$ selling hen buying 2 CL,it took about 10 minutes.
    Who is Gustav by the way?Where he comes from?Is he cool?
    Reply
  • commenter
    Aug 29 08:02 AM
    Gustav and the Oil Volatility Index [view article]
    Anybody going to be long Oil over the long weekend? Reply
  • commenter
    Aug 29 08:02 AM
    Gustav and the Oil Volatility Index [view article]
    Anybody going to be long Oil over the long weekend? Reply
  • commenter
    Aug 29 07:19 AM
    Gustav and the Oil Volatility Index [view article]
    Anything that is public knowledge is already factored in the price. They try to sucker you in because of thier own positions.... Reply
  • commenter
    Aug 29 02:02 AM
    My Website
    Gustav and the Oil Volatility Index [view article]
    IEA have tried to cap the price but its effect has been fleeting and confirms that Oil has based out now. Putin has the oil market by the proverbial cohones and I refer you to the following;\

    Russia may cut off oil flow to the West
    www.telegraph.co.uk/mo...

    It seems sensible to be long now.

    regards
    Aly-Khan Satchu
    rich.co.ke
    Reply
  • commenter
    Aug 28 09:40 PM
    Gustav and the Oil Volatility Index [view article]
    The IEA came out with a statement that they would make up for any
    shortfall from Gustav...and the price dropped immediately..still it's
    creeping up there as we speak.
    Reply
  • commenter
    Aug 28 03:33 PM
    Despite Lower Oil Inventories, Dollar Surges [view article]
    Any USD surge is strictly TEMPORARY, and SHORT-LIVED. The dollar is destined for the junk heap. We are looking at $200-300 oil VERY soon. That, unfortunately, is CHEAP! How, you ask?

    1. $150 oil translates to about $0.22 cents per cup. What a bargain, right? Certainly. You can't get a decent cup of coffee for FIVE TIMES that!

    2. Most of the world HAS BEEN paying the equivalent of $250-300 oil for years (approx $8 per gallon). Its not new.

    3. Saudi Arabia is busting at the seams just trying to MEET their daily output of 9.5 million bbls daily. That figure has dropped 1 MILLION bbls daily since 2006. Without new discoveries, production is not likely to increase.

    Forget the dollar....its withering away....try gold and silver.

    Reply
  • commenter
    Aug 26 05:12 PM
    Bespoke's Commodity Snapshot (8/25/08) [view article]
    To epeon: Did you hear the report that Arch Coal is the play to go
    if you want to capitalize on the electric car????
    Reply
  • commenter
    Aug 26 01:57 PM
    Bespoke's Commodity Snapshot (8/25/08) [view article]
    Consider some of the ultrashorts as a hedge too (AGA/DAG, I believe). I agree the longer term trend is up, but as one of the other posters said, the whipsawing is enough to make one seasick. Reply
  • commenter
    Aug 26 12:12 PM
    Bespoke's Commodity Snapshot (8/25/08) [view article]
    I like the look of UNG compared to both KOL and any of the OIL ETFs... UNG has a nice smooth saucerlike left side and a nice smooth bottoming appearance. Aside from any shocks form this weekend's potential hurricane, I'd be looking to get long UNG at the beginning of Sept for the Winter season. I guess what I really like about it so far is it's lack of choppiness... It would seriously be nice to take a valid guess at a direction for a change without it whipsawing..

    jegan ;-)
    Reply
  • commenter
    Aug 26 11:29 AM
    I.O.U.S.A.: Documentary Worth a Peek [view article]
    chistletoe - while I agree with you 100% that spying/harassing Americans, bailing out foolish investment banks, and the various other shenanigans of Bush 43 are bad -- I have to take issue with your implication that the problems are all Bush 43. For all the propoganda, Clinton did not balance SPENDING, he balanced the "budget" (lots of things "didn't count" even though they cost money). The US has been spending way beyond its means for decades. Propping up dictators is hardly a new thing: JFK and LBJ were two of the biggest supporters of the Shah of Iran. Every president has (by necessity) been a supporter of the House of Saud.

    While I agree with you in principle that some spending should be reallocated -- the facts remain that government spending has grown twice as fast as the economy (and this doesnt count off balance sheet spending like Fannie Mae and all the turnpike authorities). Even if 100% of it was spent on infrastructure and helping the less fortunate -- it would still be terrible fiscal policy.

    Comedians loved to poke fun at Enron's accounting-- but off balance sheet financing vehicles were invented by government accountants: The NY State Turnpike Authority was created to circumvent voter imposed debt limits. Government was committing accounting fraud long before Ken Lay or Bush 43 came on the scene
    Reply

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