○ If you know how it works...think it over...you will know I didn't say it's a scam because I mad at it...whenever the oil spot price is not straight up continually for a while...even just flat...you are making money by shorting it.
○ I believe short not works with 单边跌or涨. But if it is up and down then short can make more money.
● agree with you ,although hou is trapping 1/10 money of my account , but I won't stop to follow up it. it is not right time to buy if making it as long term, but let us have more discussion when and where is bottum of hou.
○ I bought at 3.00, but with TSX shut down, I could not escape
● The key is: HOU buy at open contract(44) and be forced to sell(33) at settlement. To long oil, HOU, USO is worst choice. To short oil, HOD is the best.
○ Do you know what is HOD holding?
○ I guess it covered its Jan short at 32 (buy Jan oil 32) and build new short Feb at 44(sell Feb 44)... Doing that month by month ...
○ I couldn't find the detail of what it's holding...but definitely it's not shorting CLs, i guess it's buying put options on CLs. That's why I don't think it's better than short HOU.