Ken, looking at Razbarry's spreadsheet from Friday since 8/30/07 by my reckoning Druster is -10.62% trading TWM/UWM since 8/30/07 and for QID/QLD the # is -18.75%. YTD TWM/UWM is now +8.68& and QID/QLD +37.12%. November and Dec to date were bad months -14.97% of TWM/UWM and -11.48% for QID/QLD.
There was a short trade 11/12/07-11/14/07 and another in progress from 12/4/07 which did/are hurting.