$25.16 0.90 (+3.71%)
12/3/2009 4:00 PM

UltraShort Financials ProShares (SKF)

CAPS Rating: 1 out of 5

Exchange traded fund

Recs

9
Member Avatar ktrotter79 (99.92) Submitted: 1/23/2009 1:20:08 PM : Underperform Start Price: $182.73 SKF Score: +125.11

Bad news has battered the market and it is time for a rally. I recommend shorting this etf. Over the long term the expenses of this etf alone will eat away at gains. A combination of this and the fact that at some point the market will move higher will result in this etf under-performing dramatically.

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Member Avatar ELPisthebest (96.28) Submitted: 4/2/2009 3:37:25 PM
Recs: 0 Rec This

Why short a short? Just buy a financial ETF.

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