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Still Diggin DUG: Oil Sector Fundamentals Are Faltering

Posted on July 14, 2008

For the past several weeks, we have been adding to our position of UltraShort Oil & Gas ProShares (DUG) as we believe that the underling fundamentals for the Oil Sector are faltering. The fact that the price for oil is rising and DUG is rising continues to show that the thesis is solid. Here are some interesting points from economy.com: Peak Oil, or Oil at a Peak?...

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gas , oil , peak oil