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Even Cramer Agrees: UltraShort Financial ETF Is Nothing but a Poor Trading Vehicle [View article]
Its a short term trading vehicle (up to a week or two at most), nothing more, nothing less. Just one more tool in the tool belt -- use it properly and for the right situation, and it can be quite useful.
Of course, if you try to beat on a nail with a philips screwdriver, you won't get far either (and you might even hurt yourself).