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Posted by Flasherly on August 13, 2008, 8:51 am
>
> > > What exists out there apart fro USO and OIL? Is there a difference is
> > > costs or other things between the two mentioned ones?
> > 1@35% - 1@10% - (6@-5%); such that [(Divergence apart zero
> > @disparity / Less apart zero @parity) x (negligible operational cost)]
> > = over a year permitted -5% to 35% profit/loss.
>
> Cryptic August for you too!
>
> >http://etfscreen.com/cchart.php?sl=5741&cl=DBO+GSG+DUG+GLD+VDE+KOL+UN...
>
> Thanks, I'll look around. Any recommendations from your side?
For the year, to be diversified equally into all (for parity)
approaches closer to zero returns. As it so happens, KOL and UNG
notably were on my horizons this past year, and, even being most
heavily weighting into USO, losses from the former were sufficient to
exact their toll on oil profits (for whatever reason I got out of oil
high and didn't think to weather the downside for a turn around). One
thing that's beginning to impress me -- is maybe it's time to stop
trying to read too far into that crystal ball (that's the easy part:
everybody's jumping on the bandwagon, so simply jump along with
them);-- the problem is after, very often shortly thereafter, when
hard times hit: why not, if I'm playing with a deck of ETF cards, is
play with -all the cards- and -use- stop limit loss orders. It
aggravating when I do it see it right, tending to nickel dime my way
up through a hard-won profitable position, get a little glee going
(invariably in -my head-), only to buy too much into something I
shouldn't have, such as KOL.
It's also getting tricky with commodities. Perhaps a little on the
side for ETF reserves and venture contingencies. I do believe oil is
feasible at +$150 a barrel. Although what I'll as well do is shift
into greater core value from a longer-standing commitment to select
traditional and trusted funds.
--
The private enterprise system indicates that some people have higher
incomes than others. -Gerry Brown, California governor
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