DUG Looks Like An Interesting Long Trade

July 22nd, 2009

Afternoon everyone! Been and interesting day to start following some more bank earnings news in the markets. Still things are relatively calm here as everyone (including myself) is predicting a fairly decent pull back in the markets. After skimming through some charts, OIL still looks short term toppy to me. Therefore, DUG is an interesting long play in the works. Have fun with the chart.

 

dug

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