PROSHARES TR (AMEX:SSO)

Bingo Bottom.

the rubber band is wound tight

It is at 52w low. Possible up in 3 months

The good news: this trades at 2x the S&P 500, so will easily outperform (by definition) in bull markets. The bad news: this will easily underperform the S&P 500 by a multiple of 2x during market periods like the one we are in now, which means the time to begin a position is at hand: Put 1/3 of a position on under $57, which may get here as soon as 9/5/2008...

A play on the improving markets

Could see 1350+ on this bounce.

bottoms. up

As the major downtrend is most likely done, to say that in 5 years the S&P is higher than it currently is today is a no brainer. While it should be acknowledged that financial laws might change going forward, I feel that the market is going to trade upwards from here at some point.

As Buffet implies, the long run is investing to never sell, and why, for the next 40 years, wouldnt you want 2x exposure to the diversified index?

This stock was picked by TMFZman in the 2008 TMF Stockpicking Contest.

Very easy. If the market goes up in the next five years, this pick will win. If the market hasn't gone up in the next five years, we'll have more to worry about than our CAPS points.

oops - I thought that this was a short fund!

The S&P is going to go up and I think it has bottomed. This is the time to make lots of money leveraged!

This is a leveraged Proshares Ultra ETF. It is correlated to the point that it is 200% on the S&P 500. Given the situation of the S&P currently, I anticipate a rise in this ETF (as with the S&P)

2x long

Okay, I need a better informed Fool to help me out with this (an admitted newcomer to investing, hence, I'm playing CAPS to become better educated). From everything I've read, the stock market always trends upwards for the long haul; with something along the lines of 10% average growth/year (averaged over many years). This is evidently why the S&P is the most often utilized benchmark, and few mutual funds are able to best this mark each year. So, what I'm having trouble wrapping my head around is this: For those of us who are young investors, with seemingly 30+ years to put money away, why is this not THE stock to invest in? Please correct my math, but wouldn't a 10% annualized return for the next 30 years equate to 20% if invested in this particlar stock? If so, not only is this going strongly in my CAPS portfolio, but I am buying in real life, and scrapping plans to invest in a mutual fund. But somehow, this seems to good to be true - so hopefully someone can provide some feedback.

Time Time Time is on my side, yes it is...

It's too early to know for sure, but I think they will outperform when the market is going up, so in the long run SSO should stay ahead.

Assuming the EFT works as advertised, SSO will beat the index as long as the index goes up. We might be in for a correction, but unless there is massive deflation, the long-term direction of the index is up.

I don't think I'd buy this particular product in real life, but it seems an easy way to gather points in CAPS.

Short as a hedge.