Saturday, May 24, 2008
Hope everyone is enjoying their holiday weekend. I'm working tonight and bored. For those of you interested in how "DUG" works here is a good place to explain it all. DUG is the ultrashort oil and gas and it follows the dow jones energy index. It does not necessarily move with crude oil but with stocks that make up the index. Thats why Friday the DUG's were up 1 while crude was also up 1 and change. More at that link for those interested.
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