proseadvocate

More ProShares Ultrashorts Tomfoolery

Although there may be some disparity, my personal experience with a double inverse Pro Funds (Russel 2000) was a 60% annualized return. They did exactly what they said they'd do. My first experience before these funds was buying a put option on the S&P in 1986. I doubled my money the first day then watched it expire after losing my gains and premium. Lesson learned is the funds are the way to go or at least for me to go.

Tuesday Outlook: Commodities, Emerging Markets

Some of you are not wearing your thinking caps. Truly the Fed is flooding the market with paper. That is why the dollar will tank not the opposite. The only reason it is seeing temporary strength is the mass exodus of commercial paper and repatriation by scared homies that still believe that the US is the wealthiest nation and that stocks always go up. The markets are experiencing their balancing act between fear and greed. The problem is that the WTO aka Trilateral Commission won't let it work against the big boys. It's do as we say, not as we do. FAX and FXA look to be great buys here. I might just buy more.

Thursday Outlook: Commodities, Emerging Markets

I like Fry too. Most of us serious investors don't just want to hear Mad Max Cramer pontificate and then complain about investors after his perenial bull drivel falls far short of making money. If he was so good at hedging, why didn't he retire rich by now?

Thursday Outlook: Commodities, Emerging Markets

I like the thoroughness and scepticism but, would like a little more layman's explanation in the commentary boxes relating to technical charts