User 434763

Update on ProShares Ultra Basic Materials ETF

This is the best ETF around.
If The US raises rates, the absolute level is of no importance, it's the relative rate in comparison to Europe and Japan.
When The US does eventually raise rates, that would be because the economy is becoming more solid thus the need for all the materials.
Unless you believe we are to hit the March lows again, buy any dips below $24.
I bought at $11.30 in March and have been loading up on any 25% fall from the previous high since then. When it reaches $35, I will take some off, but not thill then. Remeber this was above $100 in June 2008 but I do not see it touching that level in several years, but I do believe 40-50 range is reachable by end of 2010.

China North East Petroleum Catapults to the Next Level

On the day it started trading on AMEX, I see a price of $2000 P/Share!!!!!!!!!!!!!! Was this a glitch¡?
Can anyone verify?