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 USA Stock Discussion v7, Greece Debt Crisis!

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Jenn V
post Apr 25 2016, 12:36 AM

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Hi, Jenn V reported in. Nice to meet you all! smile.gif
Jenn V
post Apr 25 2016, 10:14 PM

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Hi, since I'm new, may I know which counter you all are monitoring for oil?
I have this two counters in my list:
1) United States Oil Fund LP
2) ProShares Ultra Bloomberg Crude Oil
Jenn V
post Apr 25 2016, 11:34 PM

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QUOTE(AVFAN @ Apr 25 2016, 11:15 PM)
1. is USO, 1x; 2. is UCO, 2x.

both are long. the inverse of UCO is SCO.
we seem to like DWTI/UWTI more - 3 x leverage.

hardcore. laugh.gif
*
laugh.gif hardcore

So I assume SCO is short (oil goes down)
May I know what is DWTI and UWTI stand for?
Is it D = Down WTI and U = Up WTI?

Sorry for stupid question...
Jenn V
post Apr 25 2016, 11:46 PM

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It is strange that I can't find DWTI and UWTI from my platform...
I'm using POEM
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