ProShares Ultra Silver (AGQ)

[zsvq1p]

A good stratagy is to SHORT both ETF's

AGQ and ZSL at the same exact time.

Let say you shorted $1000 in both on 1/3/11. Real prices history.

AGQ you sold 6 shares at $156.63 = $939.78
ZSL you sold 25 shares at $39.50 = $948.00
Total of $1887.87

You covered on Friday
AGQ you bought 6 shares at $103.68 = $622.08
ZSL you bought 25 shares at $17.11 = $410.64
Total of $1032.72

$1887.87 - $1032.72 = $855.06 you keep.

Less the margin base rate cost (TD rate is 7.75%) which in this case cost $121.92

A net earnings of $733 or 38.8% YTD return...

RISK? I really don't know. "Backwardation" hah!