CNBC Gives the Ultra Short Story on ETFs

August 06, 2007 at 11:12 am by Tom Lydon

Ultrashort_etfs Recently, I spoke with Rebecca Jarvis for CNBC about using exchange traded funds (ETFs) to short the market. We’re in a time when many people are shorting the market, and one way to do that is through ultrashort ETFs. ProShares has a collection of ultrashort ETFs worth examining. Some of them include:

  • UltraShort Dow 30 ProShares (DXD)
  • UltraShort QQQ ProShares (QID)
  • UltraShort S&P 500 ProShares (SDS)
  • UltraShort Russell 2000 ProShares (TWM)
  • UltraShort Financials ProShares (SKF)
  • ProShares UltraShort Basic Materials ProShares (SMN)

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    • Tom Lydon: Hi Jack, Thanks for your comment. These were five ETFs that were among the most beat-up and investors may...
    • Jack McElroy: I don’t understand the Subject Line for this brief writeup—it doesn’t make sense. It...
    • Tom Lydon: Hi Tom, If a fund drops below its 50-day or 8% off the recent high (whichever comes first), we sell. When...
    • Tom Lydon: Hi George, Short and leveraged ETFs do what they’re supposed to do on a daily basis, but over the...
    • Tom: Do you sell back out of the fund if it falls back below it’s 50-day? How many times will you move in and...

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