David Baskin Pro Share UlShrt Oil & Gas E.T.F. DUG-N DON'T BUY Jun 18, 2009

Pro Share Ultra Short Oil & Gas ETF. Leery of all leveraged ETF’s. Most investors believe they track the underlying asset with some fidelity. If oil/gas goes up or goes down the shares will follow. Not always the case because leverage distorts the way the units perform and you can get some very unpleasant surprises.

David Baskin

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Oil should be at roughly $80 a share which means $40/$50 is speculation. Have to be pretty nimble with this one.

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(Marked Call Minute.) Ultra short oil and gas.

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David Baskin Pro Share UlShrt Oil & Gas E.T.F. DUG-N DON'T BUY Jun 18, 2009

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