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Entries for December, 2010

Bull Market In Stocks

People often talk about a bull market and in general this means that the stock market is going up.  The reason Wall Street uses the Bull and Bear to describe the trend of the market is because when a bull attacks it goes up with it’s horns.  When a Bear attacks it goes down with […]

Oil Companies Prospering From The Bakken Formation

The Bakken Oil Field has been in existence for 2.5 to 3 million years, geologists and oil companies have been pursuing it off and on since the 1970’s.  During the 70’s oil boom there was a mini oil boom in Western ND but by the early 80’s it had gone bust.  It wasn’t until hydraulic […]

Leveraged Short ETFs Are Worst Performers In 2010

2010 was another tough year for any Short ETF but it was especially tough for the leveraged Short ETFs. UltraShort Silver was the worst performer as silver soared on strong investor demand and QE2. Here are just a few examples of YTD performance as of 12/21/2010: ZSL – Ultrashort Silver was down over 74% DRV […]