Comments on: Volume Surging in USO and DXO Oil Funds http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: UNG Natural Gas Update for November 7 | Penny Stock Trading System Blog http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/comment-page-1/#comment-211191 UNG Natural Gas Update for November 7 | Penny Stock Trading System Blog Sun, 08 Nov 2009 22:32:29 +0000 http://blog.afraidtotrade.com/?p=3471#comment-211191 [...] December 30, 2008:  Volume Surging in USO and DXO Oil Funds [...] [...] December 30, 2008:  Volume Surging in USO and DXO Oil Funds [...]

]]> By: UNG Natural Gas Update for November 7 | Afraid to Trade.com Blog http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/comment-page-1/#comment-211183 UNG Natural Gas Update for November 7 | Afraid to Trade.com Blog Sun, 08 Nov 2009 03:34:48 +0000 http://blog.afraidtotrade.com/?p=3471#comment-211183 [...] December 30, 2008:  Volume Surging in USO and DXO Oil Funds [...] [...] December 30, 2008:  Volume Surging in USO and DXO Oil Funds [...]

]]> By: Paul http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/comment-page-1/#comment-209074 Paul Mon, 04 May 2009 07:37:08 +0000 http://blog.afraidtotrade.com/?p=3471#comment-209074 Hi Corey, could you please elaborate on "better tax treatment" for YM futures? Thanks, Paul. Hi Corey, could you please elaborate on “better tax treatment” for YM futures? Thanks, Paul.

]]> By: David http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/comment-page-1/#comment-159728 David Sat, 03 Jan 2009 01:51:22 +0000 http://blog.afraidtotrade.com/?p=3471#comment-159728 Corey , I can read between your lines hee hee ! Nice trade. David Corey ,

I can read between your lines hee hee ! Nice trade.

David

]]> By: Jack http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/comment-page-1/#comment-157767 Jack Wed, 31 Dec 2008 14:22:10 +0000 http://blog.afraidtotrade.com/?p=3471#comment-157767 Only fly in the ointment is the massive carry in front month crude(contango). Like buying a really cheap beach house, but paying 40k a month in property taxes( for now-it flucuates). Only fly in the ointment is the massive carry in front month crude(contango).
Like buying a really cheap beach house, but paying 40k a month in property taxes( for now-it flucuates).

]]> By: Corey Rosenbloom http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/comment-page-1/#comment-157299 Corey Rosenbloom Wed, 31 Dec 2008 00:20:28 +0000 http://blog.afraidtotrade.com/?p=3471#comment-157299 Keith, Sorry - your comment somehow got trapped in the spam filter and I just released it. Normally, comments auto-post. There's absolutely something going on. What gets me is that oil is not like a stock (and oil-based ETFs are not like stocks) in that they could go bankrupt and go to $0 where you could lose everything. I don't see Crude doing that or even attempting it - if so, there would be worse problems out there than my investment. It may very well be a once-in-a-lifetime play to enter at these levels and I honestly can't see how we got this low so I'm - disclaimer - quite bullish short and long-term on crude oil (and related ETFs) but we haven't seen the price rise yet. I'm convinced we will, and those getting in at these levels will be handsomely rewarded but they may have to have deep pockets and a longer horizon. Either way, these prices going into 2009 are beyond belief... which may explain all the volume. Keith,

Sorry – your comment somehow got trapped in the spam filter and I just released it. Normally, comments auto-post.

There’s absolutely something going on. What gets me is that oil is not like a stock (and oil-based ETFs are not like stocks) in that they could go bankrupt and go to $0 where you could lose everything. I don’t see Crude doing that or even attempting it – if so, there would be worse problems out there than my investment.

It may very well be a once-in-a-lifetime play to enter at these levels and I honestly can’t see how we got this low so I’m – disclaimer – quite bullish short and long-term on crude oil (and related ETFs) but we haven’t seen the price rise yet. I’m convinced we will, and those getting in at these levels will be handsomely rewarded but they may have to have deep pockets and a longer horizon.

Either way, these prices going into 2009 are beyond belief… which may explain all the volume.

]]> By: Corey Rosenbloom http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/comment-page-1/#comment-157289 Corey Rosenbloom Wed, 31 Dec 2008 00:08:24 +0000 http://blog.afraidtotrade.com/?p=3471#comment-157289 Andrew, I'm kind of with you there. I honestly don't see how people can resist buying at these levels. It's still risky, but it's so overwhelmingly tempting. $2 for a crude-oil based ETF? One might have to hold for a while but one envisions it rising much higher than the current level given a decent timespan. Andrew,

I’m kind of with you there. I honestly don’t see how people can resist buying at these levels. It’s still risky, but it’s so overwhelmingly tempting. $2 for a crude-oil based ETF? One might have to hold for a while but one envisions it rising much higher than the current level given a decent timespan.

]]> By: Andrew Stanton http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/comment-page-1/#comment-157284 Andrew Stanton Tue, 30 Dec 2008 23:53:44 +0000 http://blog.afraidtotrade.com/?p=3471#comment-157284 Technicals be damned, at current prices the DXO is like a perpetual option. Technicals be damned, at current prices the DXO is like a perpetual option.

]]> By: Corey Rosenbloom http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/comment-page-1/#comment-157206 Corey Rosenbloom Tue, 30 Dec 2008 21:19:19 +0000 http://blog.afraidtotrade.com/?p=3471#comment-157206 Ah, that is one of the hidden benefits of futures trading (along with FOREX). Always verify with your tax professional, but in general, futures receive "60/40" Treatment, wherein - unlike stocks where you pay all gains taxes on short-term capital gains (held less than a year) at your tax bracket (which may be up to 35%), in US futures, no matter how long you hold the position, 60% is treated like a long-term capital gain (where you pay only 15%) while only 40% is treated like a short-term capital gain (where you pay at your tax bracket). This makes a huge difference if your tax rate is upwards of 35% that you pay on short-term gains, but - currently - you only pay 15% of profit on long-term gains. Actually, better than have me explain it, refer to this <a href="http://www.futuresmag.com/cms/futures/Templates/website/PrinterFriendly.aspx?{8B12E6CD-E9CD-4430-8A2E-A833986D9B08}" rel="nofollow">mini-document from Futures Magazine</a>. Ah, that is one of the hidden benefits of futures trading (along with FOREX). Always verify with your tax professional, but in general, futures receive “60/40″ Treatment, wherein – unlike stocks where you pay all gains taxes on short-term capital gains (held less than a year) at your tax bracket (which may be up to 35%), in US futures, no matter how long you hold the position, 60% is treated like a long-term capital gain (where you pay only 15%) while only 40% is treated like a short-term capital gain (where you pay at your tax bracket).

This makes a huge difference if your tax rate is upwards of 35% that you pay on short-term gains, but – currently – you only pay 15% of profit on long-term gains.

Actually, better than have me explain it, refer to this mini-document from Futures Magazine.

]]> By: Paul http://blog.afraidtotrade.com/volume-surging-in-uso-and-dxo-oil-funds/comment-page-1/#comment-157172 Paul Tue, 30 Dec 2008 20:50:46 +0000 http://blog.afraidtotrade.com/?p=3471#comment-157172 Hi Corey, could you please elaborate on "better tax treatment" for YM futures? Thanks, Paul. Hi Corey, could you please elaborate on “better tax treatment” for YM futures? Thanks, Paul.

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