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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (32835)11/23/2008 1:30:33 AM
From: Spekulatius  Respond to of 78634
 
I looked at some ETF's. The Ultrashorts have become quite popular based on the trading volume I am seeing. I also see the Ultrashort S&P500 trades at a 13%+ premium to NAV. Is this based on AH sentiment alone that yesterdays rally is toast? Still a 13% premium is pretty rich.
Edit SRS (Ultrashort Real estate) has a record 16% premium. Of course they are all trading vehicles so who cares about NAV <g>.