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UCS ETF update: Profit taking and fear

The ProShares Technology Fund is trading real heavy this morning with a 148,000 shares traded as of 10:15 am. Heavy selling as traders take profits in a period of uncertainty. Do you take profits now, since it looks like the bloodletting in the labor market is coming to a an end, or do you wait and continue to let the markets rise knowing there are still so much negatives out there. Hey traders, let the fund run! Let the 'green shoots' continue to grow!

06/05/09 10:54 AM

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