Saturday, January 30, 2010

In The Zone

(SDS) Ultra Short S&P 500 ProShares

The investment seeks daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the S&P 500 index. The fund normally invests 80% of assets in financial instruments with economic characteristics that should be inverse to those of the index. It may employ leveraged investment techniques in seeking its investment objective. The fund is nondiversified.

As this week in the markets came to a close the (SDS) Ultra Short S&P 500 ProShares ETF ended the week trading at $37.54 up +1.25 or 3.44% on heavier than average volume of 253.2 million. The average trading volume for the (SDS) Ultra Short S&P 500 Pro Shares ETF is 186.07 million. Keep your eyes on the (SDS) going forward as the major indices continue to decline going forward.

By Marlin Rolle
***please have a look at the chart below***

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