Declining stocks have brought the market to oversold territory with winners in shorting stocks and exchange traded funds (ETFs), but is the time to short over? The last couple trading days in January helped short/inverse ETFs perform quite well, remarks David Penn for Forbes. Some short ETFs......

Trend: The "ultra" ETFs are outperforming the short and "ultrashort" EFTs in the ProShares family in the first week of December as the bounce up from the November correction flows through the market. The 56 Proshare ETFs tracked by Morningstar are highlighted below, sorted by the 1 week performance....