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To: maxncompany who wrote (91263)12/6/2008 5:07:48 PM
From: Bucky Katt  Respond to of 116555
 
You are correct, this isn't a linear application of return values on a yearly basis, this is daily give & take. They are meant for trading. So people that are not interested in the learning curve for options or futures, these are an easy way to play the game.

ProShares are designed to provide either 200%, -200% or -100% of index performance on a daily basis