Comments on: TDI Episode 62: Bye Bye Mr. American Lie

By: Colin

Colin — Sat, 05 Jul 2008 04:03:34 +0000

Hey Id just like to say that your podcast is exactly what I needed! I am very interested in the financial sector, and being young, I don’t know a whole lot. Your podcast has been extremely beneficial to myself, and I love how you slow things down and explain everything. Thanks and keep up the great work.
Colin

By: VPro

VPro — Sun, 29 Jun 2008 23:12:36 +0000

Thanks for the quality content on your podcasts Andrew. Just one point to clarify from this episode though;
The 200% inverse Proshare ETF “DUG” that you mentioned, does not directly correspond to the price of oil. In playing this ETF I recommend looking at the XLE and look at the holdings in that ETF. This can be easily done using Yahoo! Finance. In doing so, you would for example see that XOM has a huge 18% weighting in the XLE. So, if XOM and other holdings in the XLE are breaking down, the DUG will go up. But just because the price of oil goes down, doesn’t necessarily mean the DUG will go up. People really need to be careful and know what they’re doing playing these 200% proshares. They make big moves daily and are very heavy momentum plays.

By: Andrew Horowitz

Andrew Horowitz — Mon, 23 Jun 2008 23:33:58 +0000

Download Bespoke ETF Guide, Above…

:-)

By: Jonathan Lawson

Jonathan Lawson — Mon, 23 Jun 2008 21:04:33 +0000

Andrew, do you have a copy of the ETF sheet you were talking about on the podcast? I was using the hedging strategy with a JRCC position, and the KOL etf. Interesting trade. Due to the hedge, the trade turned out to be profitable.

Thank you for info,
Jon