ETFS Short Crude Oil (SOIL) is designed to change each day by minus one times (-1x) the daily percentage change in the DJ-AIG Crude Oil Sub-IndexSM (before fees and adjustments). Therefore if the DJ-AIG Crude Oil Sub-IndexSM falls (or rises) by 1% in one day, then ETFS Short Crude Oil will rise (or fall) by 1%. In addition, an interest component is added each day to give a total return investment.





s7.39 or 4.80P GOOD STARTING POINT. 13 FEB NOW $3.50 or 2.50 half price sorry.

a slightly more informative chart over more recent times .... shows just 25 + 50 dma

Somebody purchased another 600000 units on Friday. China energy usage on the up might give boost on Monday. Can we trust the figures and will it last?

Regarding ETF's
http://www.greenenergyinvestors.com/index.php?showtopic=5612

Oil prices surged on talk that OPEC will cut production at its meeting in Vienna this Sunday.

Lengthy article in this w/e FT by Brent trader D. Picarda. The most relevant bit is the final paragraph:
"My analysis now suggests that the most likely direction for crude is still down to $31.54 & perhaps even to $24.25 further out. A surge through the 21 week exponential moving average ($54.35) would force me to rethink".

NICE DAY NYMEX OVER 51 DOLLARS

NYMEX OVER 57 DOLLARS

NYMEX OVER 61 DOLLARS

PAID 99.9p litre for unleaded.

NYMEX 66 DOLLARS soon

In a speech this week at the London School of Economics, Leahy will say tax and regulation are not the way to make consumers convert to a greener lifestyle.

NYMEX OVER 68 DOLLARS.

IS IT TIME TO SELL AND GO GREEN.

NYMEX OVER 70 DOLLARS.

IN TODAY 5.01

hope the south direction stops for you. XSteffx. good luck.

INTODAY 4.44

OVER 5.50 SOLDOUT

OVER 6.0 NOW

NOW OVER 6.10 MARTIN. BUMMER SOLDOUT TOEARLY.