$26.24 -1.23 (-4.48%)
11/27/2009 12:59 PM

PROSHARES TR (SAA)

CAPS Rating: 1 out of 5

Exchange traded fund

Recs

5
Member Avatar ktrotter79 (99.92) Submitted: 1/23/2009 1:44:31 PM : Outperform Start Price: $16.11 SAA Score: +25.09

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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