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2X leverage on Small Cap 600

sailsoon money earned

Member Since: 10/10/08
UNITED STATES
 

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stock pick type

SAA

Start: $28.82
Current: $23.72 (-17.68%)
Target: $50.00 (73.51%)
in 276 days

PROSHRS ULTRA SC 600 ETF

2X leverage on Small Cap 600

Posted 88 days ago on 10/10/08

SAA is an ultrashare that is 2X leveraged. I don't know where the bottom is but I believe we're closer to it than the top. High for this etf is around $80 and it is currently $29. Libor started to crest today and this should mark a turn. If we really are closer to the bottom than the top this should work well.

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