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.

Xsteff,
What's the difference between this and CRUD[aside from the price] ?
is this the opposite of SOIL?
Alex

RED LINE SOIL

this will be a winner for 2009.

NOT TODAY

Brent is at a $2 premium to wti feb at moment, very strange!

THE WORLDS IN DEEP SH...

Hyperinflation is on the way. Fed will do anything to revive the economy and at a big price! This is the winner for 2009.

Good gain today. Not surprised as a bet on fundamental that current oil price is below production cost!

DOWN ON THE DAY, MUST TO TOMORROW. I HOPE

Didn't breach the lows of 4.58 during Christmas Eve. Dow shows good resiliences even when BOA crew up big time! Futures price very favourable.

Now this is receiving alot of attention now. Volume is increasing day by day. We have yet another higher low today.

UP A DOLLAR TODAY 5.90

how can oil be going down the pan? already in for a larger than ave %-age and will come good eventually but really didn't expect oil price to keep dropping.

"how can oil be going down the pan?"

Perception of demand short term RA dictating price movements, long term's a different matter as you say.

Watch USD vs EUR.

From the chart this looks to be running out of steam and could very soon start to fall sharply. This will indicate that the future inflationary effects of the $trillion money-pumping policies that are being employed to get the US out of its massive debts are finally starting to rightly affect the ridiculously strong US dollar.
This is when commodities including Oil will start to rise strongly.

HOPE YOUR RIGHT. MARTIN12, BUT IT KEEP GOING DOWN.

It seems there is still a great deal of physical oil "floating around" with demand rapidly falling don't hold your breath.

don't confuse oil being pumped out of the ground (saudi stores) and that being exported ..... more importantly, sooner rather than later any surplus will be mopped up, and known new wells will have to be opened up ..... and hand in hand will probably come more M&A activity of companies with proven reserves of real oil rather than just blue sky

cynic you know as well as we do at the moment supply exceeds demand OPEC realise that and will reign back their production as best they can . In the meantime the price will fall as recession bites.