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lifo

10/15/09 11:18 PM

#30894 RE: lrp42 #30884

Hello Ray, ...Re. 2x S&P 500 Bear ETF, etc.

Here are some numbers for Oct. 15, 2009.

The S&P 500 Index was up 2.14%.

SDS was only down (0.64%). Shouldn't the decline be closer to (4.28%)?

The numbers are probably telling us something.

What's your take?

Jack