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0 point posted on 08/12/08

32%

anabasis:

-26.61%
risk: conservative

Anybody speak English here?

This one intrigues me -- sounds like a good idea but I have no idea what they do/are. I read the blurb about the share (twice some indicator, etc.) and didn't get it at all. I've tried to get my broker to explain on-line but without joy. Anyone out there who can help me bridge the space beween clarity and obfuscation (or merely arcane terminology)?

Related to:

SKF

UltraShort Financials ProShares

Comments (4)

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abates

N/A

1 point commented 481 days ago reply

it is just and exchange traded fund that replicates the xlf index except instead of having 1 for 1 upside exposure it has 2 for 1 downside exposure (i.e. if xlf goes up 1% SKF goes down 2%)

brandone

N/A

0 point commented 480 days ago reply

search on google

abates

N/A

0 point commented 480 days ago reply

It is no they, as the security to not represent an actual company

gene fleszar

62%

1 point commented 480 days ago reply

SHORT OR ULTRA SHORT INVERSE Business: The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Index. exchange-traded fund incorporated in the USA
Bad market times are great times for stocks which bet against various indexes in the stock market, I have compiled a list of the stocks that do well when the index does not.
If you have the ability to do a lay over chart you can see that the stocks listed below each index, they rely on that index doing badly, who says you cant make money in a bad market.
These stocks will produce as long as the bear market holds, my best guess is til about september.
Even in a bad market some days the market does well and these stocks drop in price, I normaly place a limit order and buy them cheap.

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UltraShort Financials ProShares (SKF)

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