Buying Commodities

Commodities have been beaten up pretty good over the last month or so, but are at support now.  We are now in the process of filling a gap that was left back in October.

With this theme in mind, I decided to begin adding some commodity longs.  I started on the 27th by buying 1400 shares of the the double long commodity ETF DYY at $7.18.

On the 29th, I followed this same idea with a long on oil.  You can see by the end of the day, I was questioning this decision.  I am keeping this one on a short leash though.

I bought oil by buying 300 shares of DIG at 32.95.  I am betting on the upward trend continuing.