PROSHARES TR (AMEX:DDM)

CAPS Rating: 1 out of 5

Closed-end fund

Recs

5
Player Avatar ktrotter79 (99.91) Submitted: 1/23/2009 1:48:43 PM : Outperform Start Price: $25.31 DDM Score: +82.43

I am not sure we are at the bottom, but I am sure that we are very close. I am recommending a long position in this etf. Every time there is a 10% drop in the index you should buy, and every time there is a 10% increase in the index you should sell. I do not recommend purchasing and holding ultra etfs long-term. The fees are simply too high. Play the trading range and don't get too greedy.

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