$51.15 1.17 (+2.35%)
2/13/2012 3:58 PM

PROSHARES TR (AMEX:SAA)

CAPS Rating: 1 out of 5

Exchange traded fund

Recs

5
Player Avatar ktrotter79 (99.91) Submitted: 1/23/2009 1:44:31 PM : Outperform Start Price: $16.10 SAA Score: +147.41

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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