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Old 01-09-2008, 10:01 PM   #11
BYU71
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I stepped up to the line and bought these today at $37.66, wish me luck. If I win, it will be good for the little guys at the pump and Mike W. can share in my happiness.
I stepped out today. Something looked weird. Crude down and this was down. How the hell is crude going down and I am short it and I am losing value.

Checked it out in more detail. This is tied somehow to the oil stocks in the Dow or the Dow oil index or something like that. It follow oil stocks though and they were up.

I got out. It is OK, I made $300 bucks after commissions, but I was up $600 after yesterday. Not bad for not knowing what the heck you were invested in.
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Old 01-10-2008, 07:19 PM   #12
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Yeah, I should have put a "do your own dd" disclaimer, as I didn't know much about the ETF, other than the name.

I like SBS, although it hasn't done anything for me in awhile. It's Brazil, which is soooo played out, but it's water in Brazil. I've had that and SID for awhile.
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Old 01-10-2008, 07:21 PM   #13
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Yeah, I should have put a "do your own dd" disclaimer, as I didn't know much about the ETF, other than the name.

I like SBS, although it hasn't done anything for me in awhile. It's Brazil, which is soooo played out, but it's water in Brazil. I've had that and SID for awhile.

Well obviously shorting is commodities isn't something I am familiar with. I do know oil is down about 5% since we started talking about it.
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Old 01-10-2008, 07:52 PM   #14
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II got out. It is OK, I made $300 bucks after commissions.
When calculating those commissions, I assume you accrued for my fees as I haven't yet sent out my bill.
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Old 01-10-2008, 09:25 PM   #15
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When calculating those commissions, I assume you accrued for my fees as I haven't yet sent out my bill.
lol
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Old 01-10-2008, 09:51 PM   #16
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Am I the only one who really doesn't like to talk about short anything when it comes to personal assets? Or am I the only honest one here?
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Old 01-10-2008, 09:56 PM   #17
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Am I the only one who really doesn't like to talk about short anything when it comes to personal assets? Or am I the only honest one here?

Maybe that is because they are so short they don't even qualify as an "asset".
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Old 01-10-2008, 10:04 PM   #18
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Maybe that is because they are so short they don't even qualify as an "asset".
That could very well be.

I've learned to live within my means and doing so is helping me plan for retirement.
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Old 01-10-2008, 10:57 PM   #19
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That could very well be.

I've learned to live within my means and doing so is helping me plan for retirement.
Oh, I thought you were referring to a short asset you pack around with you.

I would never make a comment about your financial assets. That is a very personal thing with everyone and not how I would measure someone's worth anyway.

Thought you were being funny and I was trying to be in return. Sorry.
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Old 01-11-2008, 01:25 AM   #20
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Oh, I thought you were referring to a short asset you pack around with you.

I would never make a comment about your financial assets. That is a very personal thing with everyone and not how I would measure someone's worth anyway.

Thought you were being funny and I was trying to be in return. Sorry.


Uhhh, yeah, I was talking about finances.

Innuendo, my friend. Innuendo.
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