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ProShares Short SmallCap600 T.SBB


Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.


ARCA:SBB - Post by User

Bullboard Posts
Comment by bot_feederon May 17, 2013 1:34pm
138 Views
Post# 21409845

dude

dude

I am doing just fine.  I lost some $ on Sabina and I made some on tech stocks.  Net result, my stocks have been flat in a stock market that's up overall.  Not great but you can't expect to beat the market all the time.  No doubt there will be a day when techs are down and PMs are up.  In the long run deep value investing has worked well for me.  Right now I am buying more Sabina.

There is never an endpoint in the market unless a company goes bankrupt.  You may have made a move that worked out well for you for a period of time. 

 

After the crash of 2008 I did learn a big lesson.  Rome did not fall in a day and neither will fiat currencies. I am currently about 60% in US dollars.  The dollar has done well despite the fact that it is being debauched.  At some point one will not want to be holding the bag on fiat money.  I don't know when that tipping point is going to come.

But once the fat lady sings the most valid criticism of my investment philosophy is that I overlearned the lesson of 2008 and was too heavily invested in worthless US dollars.

Bullboard Posts