UltraShort QQQ ProShares (ETF) (QID)

DarkToast (66.61) Submitted: 7/07/08 4:16 PM : Start Price: $45.22 QID Score: 128.09

http://www.marketoracle.co.uk/Article5355.html

"When another collapse is about to begin," he warned, "they're not going to ring any bells. Few investors will see it coming, fewer still will take protective action, and almost everyone will get caught in the melee."

Today, the bells are finally ringing and doing so loudly: The Dow has plunged by more than 20%, confirming the bear market we've been warning you about. Unemployment has skyrocketed, signaling the recession we told you was inevitable. America's largest financial companies — Citigroup and Merrill Lynch — have lost over two-thirds of their market cap. Washington Mutual has lost nine-tenths. Detroit's Big Three are on a collision course with bankruptcy.

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