UltraShort Basic Materials ProShares (AMEX:SMN)

CAPS Rating: 1 out of 5

Exchange traded fund

Recs

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Player Avatar ServusDei7 (99.64) Submitted: 9/6/2010 9:21:03 AM : Underperform Start Price: $32.04 SMN Score: +63.54

don't buy any ultrashort. they have sky high expense ratios and are guaranteed to lose whether the market moves up, fluctuates, or even move down while fluctuating. Ultrashort etfs are okay if you are a day trader, but they will definitely lose over the long term.

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