ultra portfolio (bullish)


from the proshares website, here are the available "ultra" shares... Ultrashares go up roughly twice as much as usual. I did not include the ultrashort shares, if you want to look at QID, and other ultra shorts you can go to proshares.com

These can also serve as great hedges for someone who's bearish and shortselling individual stocks... for example if you're short in a large amount of stocks you could buy an ultra shares of a particular index so you can weather the ups and downs of the market. If you're short in a few of the worst oil stocks, you can be long in DIG so if the industry does so well that even the worst stocks goes up you can still make money, or greatly limit your losses depending on your asset allocation.

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