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ProShares Short MidCap400 seeks daily investment results, before fees and expenses, that correspond to the inverse (opposite) of the daily performance of the S&P MidCap 400 Index.
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Shorting the shorts!
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=26483&t=01006356876738124895
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bridgeboy0
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This market is way overbought and it is time for a much needed correction. S&P P/E is at all time highs and needs about a 20% correction. In closing, I like puppies.
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I wouldn't try this with *real* money!!
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Stocks go up.
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Depression
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same reason im shorting everything else. tired of writing pitches. If you really must know why this mediocre investor is doing this, then look at some of my first picks for this 22nd day of june. I explain there.
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Testing a theory here with this account, shorting all short ProShares for starters.
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Fading every pick made by Ultralong
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etf short
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Short Midcap 400
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shorting the shorts
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S&P at resistance at 1395 will pull back. I'm calling a temporary top today in the S&P at 1395 (yes I know I'll look like an idiot if I'm wrong but that hasn't stopped me before) It's 2:13 PM we'll see.
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Betting the 'don't pass' line only works with deadbeats.
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Shorting the shorts...long term.
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This my insurance against a correction.
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I expect inverse midcaps should lose to the S&P, long term
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