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S&P 500: 1,879.55
Change: +0.41%
MackTheKnife
P&P Score: 0.40 | Points: -167.81 | Accuracy: 72.80 | Average Pick Score: 0.01   Annual Return: N/A  
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SELL: PROSHARES TR (SSO) Rating: 1
Start Price: $50.83
Points: -65.69
Created: 01/20/2012
Fundamental, sentiment, and technical analyses all indicate there is a significant risk of either a consolidation or a correction in the large-capitalization area of the U.S. equity market at this time, so a short position in the ProShares Ultra S&P500 (SSO) exchange-traded fund may soon be nicely profitable. (Amazingly, I wrote these words one year ago today, and they appear more apt now than they seemed then. Of course, the anticipated event did not begin until Feb 18, 2011.)

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