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Then why is Cramer ranting that this rule change is the end of the SKF and all the other ProShares UltraShort ETFs??? I'd hoped that because these instruments use financial derivatives, such as options, swaps, and index futures they would be unaffected. :mad:

Below is from an article on Seeking Alpha 6/15/07. We'll see what happens this time ... http://seekingalpha.com/article/38439-sec-votes-down-short-selling-uptick-rule-unanimously SEC Votes Down Short Selling 'Uptick Rule' Unanimously The Securities and Exchange Commission [SEC] has...

I trade a Long/Short strategy intraday with the Long/Short Leverage ETFs such as UYG/SKF, URE/SRS. Does anyone know how a reinstatment of the uptick rule might impact the Leveraged Short ETFs???:confused:

Well, I guess we should probably take our lead from the above paragraph. That said, I've been trading the hell out the SKF and SRS and I can tell you first hand, they're getting a little tired. This market is headed lower but I smell a rally ... any rumor from a reliable source will set it off!

Everything goes back to the financials and a government solution to restore securitization/lending. Without that, there's simply no stable rock to hold onto as we tumble down this endless mountain of fear. Look I supported Obama, but why hasn't this been his biggest priority??? His...

Take a look at this chart displaying 4 Bear Markets, including the Great Depression. At this point, we should all be able to agree that we've entered into the worst correction since the Great Depression ... so before we call Great Depression II, let's just call it the Great Recession...

What about too much bearishness? Look I'm banging on the SKF and SRS everyday convinced the S&P is going straight to 600, led down by the financials and REITs ... but that's what I hear from everyone else too! Just the thought that this Thursday's meeting on Mark-to-Market might be a...

Leveraged ETFs only track an index accurately intraday. There is a wide divergence the longer you hold them. The URE is the other side of the SRS. The SRS and SKF are getting a lot of volume driving down the UYG and URE to incredibly low levels. However, you can expect 20 - 30% returns...

But Thursday's meeting sounds pretty serious to me. I’m a self-professed SKF gang banger. Every time a rumor about this thing surfaces, I get slammed and watch a week of profits disappear in minutes, literally! To date, it hasn’t been a problem because I’ve been able to double down...

Then go for it, but JPM first only offered $1. The fact that LEH has gone to Paulson probably means that BAC (or anyone else) isn't biting ... yet. They need some additional incentives. I don't see that LEH has much leverage here.

I wouldn't go near LEH. This smells like Bear. Any large bank picking this up will insist on an incredible discount ... like $1 ... or they will walk. Bullish for Financials. Again, remember Bear.

Here's the story ... U.S. Government Assisting in Sale of Lehman Brothers By David Cho and Heather Landy Washington Post Staff Writers Thursday, September 11, 2008; 5:40 PM The Treasury Department and the Federal Reserve are helping Lehman Brothers put itself up for sale. The details...

Thanks, but I didn't say to short the commodities but rather a "short term counter trend" rally looked possible with the metals double bottoming and the dollar maybe topping. I think we're on the same track with the dollar but I'm worried about the Fiancials given their run up ... and the LEH...

XME also double bottomed with its Jan. lows today @53 and OIH is getting close to doing the same. If the relationship between the dollar and commodities still exists, I'm thinking we're close to a short term counter trend.

I noticed the same. Move for the dollar could be getting a little exhausted and is overdue for a pullback

Short the dollar for a trade??? I would agree that the long term trend for the dollar should be up, but I wonder if the Fannie/Freddie bailout has put a short term top in the dollar. The bull case is solid: 1. Global growth slowing more than US in coming months 2. ECB monetary policy has...

Looks like the mother of short cover rallies to me. Could go on for a while ... but the Bear will be back bigger than ever, just when you think you're out of the woods. Better get your Wheaties in tomorrow.

Basically the CNBC World Analyst was saying that this action will bring the credit spreads in tighter so they become more normalized. The result would be an 'unfreezing' of the current mortgage market environment. Although buyers are starting to come into the market at these discounted prices...

Anybody understand why both the dollar and gold are up??? I've been listening to CNBC World and the consensus is that the dollar will continue to rise and this action puts a floor in the housing crisis because of the additional liquidity that Freddie/Fannie will have access to. Mortgage...

I'm worried about catching the caboose of the Financials gravy train. The XLF has been screaming higher! Does anyone else see better pin action off the weak dollar??? Maybe the Metals (XME) and Oil Services (OIH) since the hedge funds seemed to hit a crescendo of puking last week with these...