[aquaswim47]

Absolutely. Getting too creative in this market is perilous to every trader's health. I remember a person asking about double shorting the 30 day T-Bill. I think a single short is adequate. I really think the ETF-makers are doing investors a disservice by only coming out with the 200% short ETFs as investors should have the option of investing in the 100% or 200% short ETFs. Just take a 2 year chart look on Yahoo Finance comparing DXD to DOG from February 16, 2007 to February 13, 2009. DOG is by far, the more lucrative investment but it took over 2 years for that pattern to be demonstrated. For example, in November (February 2007 to November 2008), DXD had 80% plus returns while DOG had 45% returns. In a couple of months, DOG has taken over the lead with a 26.47% ($77.97/61.65) net 2 year return while DXD had a return of 23.35% (68.13/55.15). That is inclusive of today's gains, which gives DXD a huge advantage given that DXD's intra-days are slightly more than twice that of DOG. They are prescribed to have twice the daily moves up or down of the index.