Hi Joe -- I noticed a new position in DCR. I recently discovered some material on DCR/UCR at Seeking Alpha (http://seekingalpha.com/article/69137-macroshares-oil-funds-death-watch). I have no idea about whether the article is correct, but it expresses caution that redemptions in the funds could occur should oil close above $111 for 3 consecutive days.
I've profitably played dcu/ucr for the last month, but I now have some reservations.
4 comments:
Joe..you talking metals or markets? And someone said apple had news this evening that may move the markets?...got big hopes for skf...
mdp
Joe...you trade gdx at all..?
mdp
Hi Joe -- I noticed a new position in DCR. I recently discovered some material on DCR/UCR at Seeking Alpha (http://seekingalpha.com/article/69137-macroshares-oil-funds-death-watch). I have no idea about whether the article is correct, but it expresses caution that redemptions in the funds could occur should oil close above $111 for 3 consecutive days.
I've profitably played dcu/ucr for the last month, but I now have some reservations.
Good trading,
CK
i just want to interject that you have some cojones playing the short in a bull market:) i could never.
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