Bill Wexler's Trading Cabana Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Trading Cabana

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: cubsfan who wrote (4646)	12/12/2008 5:30:01 PM
From: Kevin Podsiadlik	Read Replies (2) of 6370

This is getting comical: compare the IYR close on 12/2/08 vs. yesterday, almost identical. Yet SRS dropped almost 20 points, more than 17%, over that same 9-day span. I don't think you need to be a hedging wizard to see that these double-short funds are in DEEP TROUBLE. I think SRS in particular has a life expectancy of weeks. proshares.com ETFs, Chapter Eleven, more like.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next