A Good Time to Get Into The SKF?

The ProShares UltraShort Financials ETF has fallen 59% in the past 3 months. Is this a good time to enter into this ETF? A key reason why this seems logical is the upcoming bank "stress tests." These tests, which will presumably test financial institutions' solvency, may create some selling in financials if poor results do appear. Furthermore, as the transparency (or lack thereof) of these tests have been highlighted of late, investors may get shaky and decide to start taking out profits from the recent financial rally. If traded properly (with appropriate hedges), such a play could make a nice return...