Double Inverse ETF Table YES


.	1	100	NA		100	NA	100	NA
.	2	90	-10		110	10	120	20
.	3	100	11.1111111111111		97.7777777777778	-11.1111111111111	93.3333333333333	-22.2222222222222
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.		A hyopothethitical Index			A hypothetical Inverse ETF		A hypothetical Double Inv ETF
.		Starts at 100			Starts at 100		Starts at 100
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.					yes
.		Note that the index ends up unchanged but that the inverse and double inverse	ETFs both end up down. This is because the same percentage mulitiplied by	a higher number makes it go down more
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.		Note if the index first went up to 110 and then back to 100	The inverse ETFs would also end below 100	This is because going from 110 back to 100 is a drop of 9.09%	Not 10%. 100 to 90 and then (1.0909 x 90)only equals 98.2... so you lose	1.8 even though the index goes back to 100
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.		MORE volatility = poorer inverse ETF performance	More unidirectional = better ETF performance
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.		This means in a strongly trending down market going long inverse ETFs can make sense	In a choppy, volatile market it may be beneficial to short the inverse ETFs	Certainly, when the market is deeply oversold, the inv ETFs (esp double) has run a lot, shortin the inverse ETFs can be the winning way to go here when short squeezes in the index occur