ETFS Leveraged Crude Oil Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.6792885
'slick By bigslick ]]> http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=6792885&action=detail Thu, 19 Aug 2010 16:55:00 GMT bigslick tag:iii.co.uk,2003:tst.6388723 http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=6388723&action=detail Tue, 25 May 2010 16:00:00 GMT buffett-ramper-slayer tag:iii.co.uk,2003:tst.6374784
Good article Buffet. Are you back in? $3.81 looks like a good price, but the exchange rate is pants at the moment.

RVM By RearViewMirror ]]> http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=6374784&action=detail Fri, 21 May 2010 13:28:00 GMT RearViewMirror tag:iii.co.uk,2003:tst.6274482
Btw - good article buffett. By Amir Zeb ]]> http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=6274482&action=detail Fri, 30 Apr 2010 10:54:00 GMT Amir Zeb tag:iii.co.uk,2003:tst.6271493 http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=6271493&action=detail Thu, 29 Apr 2010 17:05:00 GMT buffett-ramper-slayer tag:iii.co.uk,2003:tst.6261096
1) Front month pressure will moderate due to 20 year high in stocks in "Cushing"

2) Gap to Crude will close as crude more driven by end demand

3) Gap between front month and next large enough to drive speculative buying and storing in tankers

4) Dollar v GBP or EUR supportive given this is $ contract

5) Economic conditions continue to indicate V recovery

6) Emerging and chinese growth should drive demand

7) IF I hold to July expect uptick for US summer and driving season

On the downside this will not perfectly reflect the underlying movement being a daily resetting levered ETF, but at least I wouldn't get margin called out....

Also see article below :-

The premium of European oil over US crude grew to more than $3 a barrel on Tuesday morning, its highest level since August 2009.

Brent crude, the European benchmark, usually trades at a discount to West Texas Intermediate, its US counterpart. But unexpectedly high inventories in the US Midwest – in particular the key transport hub of Cushing, Oklahoma – have pushed down the price of US crude.

Nymex June West Texas Intermediate fell 78 cents to $83.42 a barrel on Tuesday morning in London, while ICE June Brent was 54 cents lower at $86.29. But the premium paid for Brent over WTI had earlier widened to a peak of $3.02.

The US Department of Energy reported last week that crude inventories in the country’s Midwest region, which includes cities such as Chicago, rose to 90.6m barrels, the highest level in at least 20 years. Stocks are building due to strong flows from Canada. Maintenance at several regional refineries has also reduced demand for crude.

The next inventories report will be released on Wednesday and will be closely watched in the market.

The historically high inventory levels have raised fears of oversupply in the near term, driving the front-month WTI contract lower. This has also had the effect of widening the contango – the difference between the prices long-term and nearby contracts – for US crude.

“The growing contango could soon make floating storage look attractive again, thus adding additional pressure to front-month prices,” said Tom Pawlicki at MF Global.

July WTI was trading as much as $2.73 a barrel higher than the June contract on Tuesday, the widest spread since December. A month ago, the price difference between the most immediate contract and the second one was just 15 cents.

The movement in WTI/Brent and spot and forward contracts prices has wrong-footed many investors, analysts say
By buffett-ramper-slayer ]]> http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=6261096&action=detail Tue, 27 Apr 2010 16:34:00 GMT buffett-ramper-slayer tag:iii.co.uk,2003:tst.6250032
Not sure which way it works but could be a good opportunity on this or SOIL ?

Also what date does the rollover averaging begin for this ? By buffett-ramper-slayer ]]> http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=6250032&action=detail Fri, 23 Apr 2010 21:58:00 GMT buffett-ramper-slayer tag:iii.co.uk,2003:tst.6221926
Only a few weeks ago the price was $4.85 and has recovered to $6.18. As oil approaches the $100 level and then beyond I am considering selling a proportion each time it gets up to around $6.25 and then rebuying the same number of shares if it falls below $5. These shares are only for the short term and this is how they should be traded. It will help reduce my % loss if it works out. Those considering this share... DON'T, the currency also has a bad effect. If you are in it is best to trade between tight limits and not to consider significant gains if the oil price goes up.

It is incredible to think that this share was introduced to the market at about $95 a share and fell to $3!! I think this is what fooled the unwary. By murren7 ]]> http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=6221926&action=detail Fri, 16 Apr 2010 12:48:00 GMT murren7 tag:iii.co.uk,2003:tst.5956261 http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=5956261&action=detail Wed, 17 Feb 2010 11:55:00 GMT admanB tag:iii.co.uk,2003:tst.5953141 http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=5953141&action=detail Tue, 16 Feb 2010 19:37:00 GMT Gingerexpat tag:iii.co.uk,2003:tst.5923366
Anyone know which commodities are historically the least volatile? By admanB ]]> http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=5923366&action=detail Wed, 10 Feb 2010 08:45:00 GMT admanB tag:iii.co.uk,2003:tst.5917815 Yes, I'm still playing this!!! I love the crazy swings -and if it swings down to much - I just wait a few months!!! long term crude price is always going to go up - even if it takes years, so I only use money I don't need for years!! so far v good results from this ETFS.

Cheers!! By Redferrari ]]> http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=5917815&action=detail Tue, 09 Feb 2010 10:33:00 GMT Redferrari tag:iii.co.uk,2003:tst.5916672
"Volatile as hell"

Ain't that the whole idea & major benefit of a leveraged product?



By MelchiorHoffman ]]> http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=5916672&action=detail Tue, 09 Feb 2010 08:09:00 GMT MelchiorHoffman tag:iii.co.uk,2003:tst.5906402 http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=5906402&action=detail Fri, 05 Feb 2010 18:52:00 GMT peapod999 tag:iii.co.uk,2003:tst.5362286 http://www.iii.co.uk/investment/detail?code=cotn:LOIL.L&display=discussion&id=5362286&action=detail Mon, 28 Sep 2009 03:02:00 GMT NoorHanan