ProShares UltraShort Financials ETF (SKF)

[BradL45]

I'm still waiting for the 1000 point move up before I'll get in heavy in the 3x short ETF's, I'm in about 20% of a full load(some downside protection in the Roth's). Market was stuck in the mud today, but I had many 2-4%'ers, and traded to more free shares in some homebuilders too.

I have some shares with huge gaps in price, so I can sell shares and skim funds on large move in either direction, so I'd like to see the big swings continue. I don't think we have seen the bloodest day just yet, that will even make grown men to cry.

Maybe a trend like the last week of 2007(which lead to 2 very nice bounces).

FAZ will make us more $$ in the near future, but oil will give us the home run.

GL