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Re: None

Sunday, 10/02/2011 9:53:23 AM

Sunday, October 02, 2011 9:53:23 AM

Post# of 2205
Slippage



This Ultra ProShares ETF seeks a return that is 2x the return of an index or other benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period.



So, If I buy at market open and sell at market close, would I be up 2 x and thus making this a better Long type buy?