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Re: lrp42 post# 31799

Saturday, 05/15/2010 4:53:45 PM

Saturday, May 15, 2010 4:53:45 PM

Post# of 48418
Hello Ray, ...Re. S&P 500 2x Bear

My 3rd experience with Horizons Beta Pro S&P 500 Bear Plus ETF turned out okay. In the recent drop, the 2x Bear ETF spiked. My GTC sell order was triggered and I was sold out.

It's the longest I have held this ETF...about 7 weeks. So far, I am batting 3 for 3 with the 2x Bear. It's most likely just luck. The problem I still have with the 2x Bear ETF is that it's not really a tangible investment.

Nowadays, there is so much quality information available on the Internet that it's not too difficult to connect the dots. It seems that there is a currency crisis coming.

OT: How is the knee coming along?

Best regards,

Jack



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