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Ultra Financials ProShares (NYSEMKT:UYG)

CAPS Game Rating: 1 out of 5

Exchange traded fund

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Member Avatar sfmonkeyc (34.42) Submitted: 16/07/2010 15:11:36 : Underperform Start Price: $51.44 UYG Score: -32.32

Housing will continue to be in a slump and government at all levels and all around the globe will be struggling to pay off debt. Any "growth" will probably be due to printing money to fight deflation. It will not be real growth. Consumers will continue to protect themselves by controlling their spending. All this adds up to a lower stock market. As a long Ultra-fund I expect this will suffer twice the decline of the overall market.

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