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Politics : The Obama - Clinton Disaster
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To: Wayners who wrote (8437)3/5/2009 4:27:36 PM
From: tntpal  Read Replies (1) of 103300
 
SSO Proshares are Double long S&P 500.
I prefer Proshares to an EFT like SPY - single long S&P - because an EFT when sold gets the closing price of the day - while a Proshare is sold at market price during the day.
The downside, if you look that way is that Proshares trade at a perceived value based on traders expectations during the day and therefore fluctuate above or below the market as expectation is priced in.

I follow some interesting traders on SI - here's one with some good advice:
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