 Oil ETF Confirmed |
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| Oil ETF Confirmed |
 Mar 29 2006, 03:41 PM
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#1
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 Group: Admin Posts: 3,403 Joined: 23-February 06 From: PDX/TXL Member No.: 35  |
http://www.marketwatch.com/News/Story/Stor...hoo&siteid=yhoo
The American Stock Exchange has confirmed that it will list the first US oil exchange traded fund next week. Basically it will be easier to invest in crude oil prices themselves rather than in oil companies or energy mutual funds. Highly volatile but if you're good at it you could make a killing. You will be investing in West Texas intermediate, light sweet crude. -------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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Mar 29 2006, 08:52 PM
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#2
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 monogamous gays & stem cells Group: Members Posts: 3,789 Joined: 22-February 06 Member No.: 8 |
this is going to be the worst etf ever.
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Mar 30 2006, 01:08 AM
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#3
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 Group: Moderators Posts: 2,499 Joined: 23-February 06 From: El Paso Texas Member No.: 32 |
or will it...
didn't some guy make a fuck load of cash betting against the US dollar? -------------------- |
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Mar 30 2006, 09:15 AM
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#4
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Group: Admin Posts: 3,403 Joined: 23-February 06 From: PDX/TXL Member No.: 35 |
I dunno, it's going to give people who are invested in oil companies a way to hedge their investments.
-------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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| Lo-Fi Version | Time is now: 19th August 2026 - 03:30 PM |
