ETF World.........Inside Exchange Traded Funds

Tuesday, February 27, 2007


UltraShort QQQ ProShares (AMEX Stock Symbol QID) seek daily investment results that correspond to twice (200%)the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The Fund employs leveraged investment techniques to achieve its investment objective, which may expose the Fund to potentially dramatic changes (losses) in the value of its portfolio holdings and imperfect correlation to the index underlying the Fund's benchmark.

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