Som Seif
ProShare Ultra Financial E.T.F.
UYG-N
COMMENT
Dec 12, 2008
US financial services sub sector. 2 X the market exposure. Short-term trading vehicles. If you think financials will rally in the next few days to 2 weeks and into the end of the year, this could be a very good vehicle. Not for a long-term play because of the leveraged traffic.
A tracker of the S&P financial sector. Double the exposure. Suspects that the financials are going to work their way through. If there is a deal this weekend and the financials are going to run for a little while, then this is going to give you a run for your money. Not a long-term hold. Buy it for a short-term basis.