DDM is a 2x long Dow index. In other words, if the Dow goes up 2%, DDM goes up 4%. If the Dow goes down 2%, DDM goes down 4%. So what happened today? It opened down 6%, but the Dow certainly didn't go down 3%. Now I'm happy I sold my shares at around 86. http://finance.yahoo.com/q/bc?t=5d&s=^DJI&l=on&z=m&q=l&c=ddm Obviously DDM does not truly reflect what's happening with the Dow.