UltraShort Industrials ProShares (AMEX:SIJ)
Exchange traded fund
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ProShares UltraShort Industrials seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Industrials Index (the Index).
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Overleverage.
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The leverage in these along with rebalancing and management costs, plus the long-term upward trend in markets makes them poor performers over the long term. Easy red thumb points.
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I am bullish on both the market and the economy. Thus, I am bullish on industrials.
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Let me do my best Alstry impression here... the sky is falling, the sky is falling, what a world... what a world. Again, this was nearly $125? Seriously?
UltraLong
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Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing
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I'm "all in" betting on a correction sometime over the next 2 Quarters.
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Greatest Depression
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Top for 2009, and perhap for a long time, is in.
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tmfeldrehad
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SIJ is oversold and will be a nice camp for temporary pullback.
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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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experiment: following Goodvibe pick & timing (ultrashort industrials)
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bear market rally should end soon
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Because Ultras Suck
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etf short
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This is an short market ETF, which while had I had a few months ago, I'd have made some green, now, I believe the DOW and others are going to trend up
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