Sean M

ProShares UltraShort China ETF: Caveat Emptor!

I have held for quite awhile too and very very dissapointed. If SDS and QID can do it, I don't see why they can't do this either. It's just fuzzy math, and highly deceptive. Explain to me why today FXP is down 5% when last night the China index went down 5%. Shouldn't FXP be up at least 3 or 4%? And why all the intraday moves as well? Shouldn't it stay fairly stable during the US market since the Asian markets are closed??