Simon Maierhofer
Friday March 6, 2009, 11:15 am EST
http://finance.yahoo.com/news/3-Money-Making-Bear-Market-etfguide-14566232.html
In fact, our February 2nd article, '11 ETFs For The Dow 6,500 Portfolio' was received with skepticism and mockery at the time. Today however, the Dow is just a few points shy of 6,500. The article outlined three different approaches to combat the bear: 1) ETFs that provide safety 2) ETFs that soften the blow 3) ETFs that make money in a down market.
All ETFs recommended accomplished their mission. The five ETFs recommended as profit centers are all up 20% and more, in a market that has lost more nearly 20%. Those ETFs were: ProShares UltraShort Financials (NYSEArca: SKF - News), ProShares UltraShort Real Estate (NYSEArca: SRS - News), ProShares UltraShort Consumer Services (NYSEArca: SCC - News), ProShares UltraShort S&P 500 (NYSEArca: SDS - News) and the ProShares UltraShort Dow 30 (NYSEArca: DXD - News).
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