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Going Short

|Includes: AIG, DUG, GCI, GE, MON, MT, SCO, ProShares UltraShort S&P 500 ETF (SDS)

The current bull run is making me jittery. Have bought AIG, GCI, MT, MON, GE in last three months and sold out with varying gains of 15% to 59%. That was because they had low ( 6-9) P/E ratio and low P/B ratios when I bought them.
Searching for short options found IProShares Ultra funds. Though I do not know much about their vlaue or volume, they are at 52 week lows for DOW, Oil and Emerging Markets. Looking to also pick up Ultra China short next week.