$20.33 -0.54 (-2.59%)
12/4/2009 11:05 AM

UltraShort QQQ ProShares (ETF) (QID)

CAPS Rating: 1 out of 5

Close end exchange traded fund

Recs

1
Member Avatar PTRio (98.73) Submitted: 2/9/2008 3:31:59 PM : Outperform Start Price: $50.89 QID Score: +0.71

This ETF should be used as a short term investment when the market is expected to decline, as has been occurring since late December. Yes, it offers 2X the return in those situations, but when the market goes up you get slapped with 2X the loss. This investment should be monitored closely.

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