ProShares UltraPro Short Russell2000 ETF (SRTY)

[hoosierdaddyof3]

Russell 2000 is trading at a P/E of 642, the next most expensive index is the Nasdaq 100 at a P/E of 35. I don’t think I want to be invested in something so overpriced, something that’s twice as expensive as Tesla. I would be curious to know, with over 2000 stocks, how many are making a profit? Can’t be many, with a 642 P/E.
I think I’ll short it, until my last dime! Especially, with the tides a turning.