A glance at just about any ultra-bear ETF these days (SRS, MZZ, TWM, SKF, etc.) resembles that of a company heading for bankruptcy. There's no doubt that 2009, in spite of all indicates a year ago, was the Year Of The Bull.
Just about the last ETF that hasn't been absolutely, completely mauled (from a chart pattern perspective) is DXD, the ultra-bear on the Dow 30. For what it's worth………
