Our last ETFcast covered the concepts of selling short and why many traders and managers do it. I listed one of the largest short and leveraged ETF funds in the industry, ProShares , and I briefly mentioned that I would go a little more in depth on a number of sector funds within that particular family of funds. I have been feeling/looking positively towards the technology sector lately, but not from a selling short standpoint. Word on the street, is that many technology companies (especially the majors) have lots of cash on the balance sheets for capital spending, example see Microsoft , Apple , first qtr earning results; Well, if that's so, wouldn't it be just a matter of selecting the right stock or fund/s to invest in? The ProShares Ultra Technology Fund . The fund seeks daily investment results, before fees, and expenses, that correspond to twice (200%) the daily performance of the Dow Jones Technology Index. Inception date: 1/30/2007. The fund carries less than 100 mil
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