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9 pts

Opinion on  UltraShort Consumer Goods ProShares (SZK)
Little faith in the U.S. consumer

Mar 03, 2008 01:49 PM UTC
Gekko
Return Risk
+5.08% MID
Sr. Associate

The investment seeks daily investment results which correspond to twice the inverse of the daily performance of the Dow Jones U.S. Consumer Goods index.  The index contains defensive consumer staple names like Altria, Colgate, Pepsi, and Kraft that many investors flee to in uncertain markets.  I believe that while these names may not go down as much, they will still fall.


SZK:  This call was made on 03/03/08 @ $73.49
Rating:   Positive   $73.49 (03/03/08)
Closed:   09/22/2008 @ $69.65 (-5.23% in 203 days)


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