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Sexton O Blake

03/10/09 3:51 PM

#18557 RE: Frank Pembleton #18556

Betapro ETF (2 words chuckle)

SPY +3.75

HSD - HORIZONS BETAPRO S&P 500 BEAR DOWN 5.40
HSU - HORIZONS BETAPRO S&P 500 BULL UP 0.47

Suppose to be 2X the daily - yet why such a difference?

Also the volumes are not always great (too thin) for the direction you are betting on.

iBlake

Assume most know that the Mighty WMT couldn't deal with those cheapo Canucks - closed the Canadian Sams Clubs - most probably signed up in the fall (when it opened); no refunds on membership so they have run away with 1/2 year membership. Letter confirms we can go to the US Sam's Clubs.
Ahhhhhh PASS.