PROSHARES ULTRASHORT S&P 500 (SDS-NYSE): Technical Viewpoint: From a low of $64.29 on Jan 6, 2009 prices rallied, reaching a high of $87.09 on Jan 20, 2009. A decline saw prices pull back, reaching a low of $72.10 on Jan 28, 2009. Another rally saw prices penetrate resistance, closing 1/30/09 at $81.04. Technicals: MACD Index (MACD): A Buy Alert! was given on Jan 30, 2009 when the solid line crossed the dotted line to the upside. Support: Remains at $79.09. Resistance: Is at $86.18. Point & Figure: Reversed to the upside on Jan 30, 2009. A P&F upside reversal takes place at $80.00. Summary: Technical indicators have turned bullish. BUY! ProShares UltraShort S&P 500 (SDS-NYSE) @ $82.13 Stop: Use a protective stop of $79.38. ProShares UltraShort S&P 500 is currently trading @ $81.04 plus $3.51 on Jan 31, 2009. Price Objective: $95.00. Risk/Reward: $2.75 VS. $12.87. Today's Risk Reward Ratio: 5:1