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Strategies & Market Trends : Technical Analysis With Charts -- Ignore unavailable to you. Want to Upgrade?

To: MACD X who wrote (6180)	12/21/2007 10:10:22 PM
From: jaker	Read Replies (1) \| Respond to of 6865

Your account should show an increase in the number of shares, with automatic shares re invest... some people take the money. So the NAV ( Net Asset Value) shows less, but you should have more shares.

To: MACD X who wrote (6180)	12/25/2007 9:17:25 PM
From: marc_tallerico	Read Replies (1) \| Respond to of 6865

That is a good question because it confused me. This is good as I get to learn. The QLD which you speak of tracks twice the performance of the Nasdaq-100 while the QID tracks twice the inverse. What confused me is that when I looked up the ProShares distributions, I first thought the QLD had a dividend of 0.07221, UNTIL I added up all the S.T. Cap Gain, L.T. Cap Gain which totaled $5.088. So you call it a capital gain, I call it a dividend. It must be a North American tax law thing. Let’s just call it a distribution. In any case, I bought the QID at $40.32 and it closed Friday at $36.95. If you add back the distribution of $0.47 I’m down $3.84. You did give me something to think about with the QLD. The distribution was certainly unexpected given it’s previous quarters and it does illustrate that it didn’t drop $5 on Ex-div date. Still, it is a bit cost prohibitive at $100 per share. And it’s not as liquid as the QID. Not that QID is all that liquid to begin with. And in a volatile market…