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ProShares UltraShort Dow30 Message Board

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  • cmegladon cmegladon Apr 24, 2008 1:53 PM Flag

    Absolutely Ridiculous

    Right pew. Wrong church.....You are right about almost everything you wrote about.
    Now consider this. The DOW components no longer are valued on the basis of national sales. They are international. Thus, their revenues are based on currency, on foreign sales, cheaper foreign labor, etc and I could go on.
    International business is still quite good. Don't invest with blinders on.
    That's the simple explanation. It's far more complex though.

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