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ProShares UltraShort S&P500 Message Board

  • lumpen_proletariat lumpen_proletariat Jul 18, 2002 9:55 PM Flag

    Crystal Ball Prediction

    Unfortunately, the shorts have had plenty of opportunity to cover. There were plenty of fools dumping at a loss so they could put their cash in a coffee can.

    Based on this market, there were only too outcomes to expect: A loss, with a subsequent dump to a 30 % lower level, or if they beat the estimates, they would have been suspect of cooking the books. Expect another 1 % per day drop tomorrow. "Investors" will not want to be holding equities over a long term period, such at this weekend.

 
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