Terry Finn

Dizzying Day Trip for Ultrashort Real Estate

I took a real whipping on SRS. Bought 1,000 shares at $250/share on Nov 21, 2008 and bailed out on Nov 25, 2008 at $130/share. OUCH ! 120K loss in 4 days. Now I've got a loss to use against some of my '08 gains. But it still stings ! I should have known that this ETF is too crazy to touch.