I hope u have been enjoying ur break.
The Dow, Nasdaq and S&P have hit 9 month highs. And are bouncing against significant resistance (13000 in the Dow). The fact that oil is high, and will diminish consumer spending and the Greek Euro problem still has longer to resolve point to the likelihood of a weaker market from here on out til the end of the stock market game.
Most students will be playing the stock market game from the long side & have no idea what ETF's (exchange traded funds) are or what Leverage (magnifies the effect of profits & losses) does.
We will be in essence zagging while everyone else, say 95% of the stock market game participants zigs. We are shorting tops and hope to cover lower & we will use etf's to provide an easy way to provide diversification of djia, s&p 500, & nasdaq stocks. In addition, we will magnify these gains by using the leveraged versions of the short able etf funds
These are the available leveraged ETF's that we can play:
Pay attention to :
 |  | ProShares UltraShort S&P 500 Fund (SDS) Top 100 |
| | ProShares UltraShort QQQ Fund (QID) Top 100 |
| | ProShares UltraShort Dow 30 Fund (DXD) Top 100 |
Or for those with greater risk tolerance:
 | | ProShares UltraPro Short NASDAQ 100 ETF (SQQQ) | |
| | ProShares UltraPro Short S&P 500 Index Fund (SPXU) | |
| | ProShares UltraPro Short Dow 30 ETF (SDOW) |
The Dow has risen dramatically from 11232 to almost 13000 in 3 months. If stocks bounce off of 13k and go back down towards 11k. That will be roughly 14 - 15% and that leverage will magnify this 2x or 3x
Paul Filipinas
Virtual Enterprise Coordinator /
Mathematics Instructor
DeWitt Clinton High School
100 W Mosholu Parkway S
Bronx, NY 10468
(718) 543-1000 x4156
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