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PowerShares DB US Dollar Bullish ETF Message Board

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  • jshaef1 jshaef1 Oct 20, 2010 7:29 AM Flag

    EUO a better play than UUP

    In this environment <<

    In the one day environment of yesterday probably. The leverage in EUO can be a double edged sword and the fees are about double UUP. Good luck, though, I hope you are correct and the 76.259 low when Benron began his speech last Friday, holds. That would set up a nice pattern of higher lows--but the verdict is still pending.

    Eventually the dollar will go up when the bubbles in China and the resource and emerging countries pop. Timing is everything with a leveraged ETF.

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UUP
25.02+0.16(+0.64%)Aug 27 4:00 PMEDT