Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Going long UPRO

|Includes: ProShares UltraPro S&P 500 ETF (UPRO)

 10/26/10
It is time for the field test of my leveraged system. The goal is to significantly outperform the SP500 over the next three years by using the 3X leveraged ETFs - UPRO and SPXU. This morning went long UPRO.

     Long UPRO @ 168.661
     The SP500 was @1180.32 (for benchmark comparison)

Time will tell if the system is as valid in real time as it is with historical data.


Disclosure: Long UPRO