ETF SDS - extreme high volume today?

Discussion in 'ETFs' started by dotdonk, Oct 18, 2010.

  1. dotdonk


    Hi guys,
    The ETF SDS - ProShares UltraShort S&P500, had extreme high volume today, in normal market range. But the ETF made a new low.

    1.) - 28 mill. shares traded!
    2.) - Professionals stepping in taking profits on their short positions and reversing... Long orders accumulation, getting ready for bounce?
    3.) - Or is this market set for a seriuos decline, because of the new low made?

    What do you think?