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ProShares UltraShort Consumer Goods Message Board

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  • tcracker09 Nov 6, 2011 6:12 PM Flag

    SZK - ProShares 130/30 ETF Surpasses $100 Million in Assets

    Try, SH, no frills, 2.7 billion in assets, and % change is -1.83% in short interest! Same manager.

    I recently bought SH too early, held it from Oc.t 11th - Oct. 27th, but immediately switched to SRS Oc.t 27th at $37.59, and sold that Nov. 1st at $41.20! Made a quick 10% gain, recouped all losses in SH+ a little profit. IN cash now, and thinking of doing the same again, starting with SH, if I'm too early, I'll switch to a 2X. SH is lower now, so a good point to start my stratedgy over again.

    In summary:

    I recommend buying a 1X short fund for a hold, and if your wrong, switch to a 2X at the opportune time to recoup. Repeat over and over, and eventually, your buying short will go up.

    Or you could wait for the opportune time, starting with a 1X first. Always 1X then 2X. Hope this helps, GL

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