Your favorite vehicle to short the market?

[ST]

Anyone care to state their favorite vehicle to short the market presently?

SDS maybe?

Thanks in advance.

[vinoveri]

Re: Your favorite vehicle to short the market?

take a look at SRS if you're willing to trade in and out on a near daily basis - very volatile

[swgprop]

Re: Your favorite vehicle to short the market?

Currently have positions in SRS, SKF and SCC inverse ETF's.

Also holding puts on HIG and AXP.

Cashed out puts in the last couple of months on HIG, GGP, DSL, WB.

Gambling money primarily.

[Spartacus]

Re: Your favorite vehicle to short the market?

a Ford Pinto.

Seriously. The minute I short, something will hit me from behind & my shorts will blow up & catch fire.

Anyone care to state their favorite vehicle to short the market presently?

SDS maybe?

Thanks in advance.

[phirang]

Re: Your favorite vehicle to short the market?

i advise against shorting HIG.

a great short over 20

a buy under 8

[ST]

Re: Your favorite vehicle to short the market?

just found this - I wasn't aware that these 3x etfs were out:

Bullish:Symbol/Class/Index

BGU Large Cap Bull 3x Shares Russell 1000 300%

TNA Small Cap Bull 3x Shares Russell 2000 300%

ERX Energy Bull 3x Shares Russell 1000 Energy 300%

FAS Financial Bull 3x Shares Russell 1000 Financial Services 300%


Bearish:

BGZ Large Cap Bear 3x Shares Russell 1000 -300%

TZA Small Cap Bear 3x Shares Russell 2000 -300%

ERY Energy Bear 3x Shares Russell 1000 Energy -300%

FAZ Financial Bear 3x Shares Russell 1000 Financial Services -300%

[Basil]

Re: Your favorite vehicle to short the market?

just found this - I wasn't aware that these 3x etfs were out:

Bullish:Symbol/Class/Index

BGU Large Cap Bull 3x Shares Russell 1000 300%

TNA Small Cap Bull 3x Shares Russell 2000 300%

ERX Energy Bull 3x Shares Russell 1000 Energy 300%

FAS Financial Bull 3x Shares Russell 1000 Financial Services 300%


Bearish:

BGZ Large Cap Bear 3x Shares Russell 1000 -300%

TZA Small Cap Bear 3x Shares Russell 2000 -300%

ERY Energy Bear 3x Shares Russell 1000 Energy -300%

FAZ Financial Bear 3x Shares Russell 1000 Financial Services -300%

I would suggest that one only use these for a momentum trade with a finger on the trigger. I have made good money with these within an hour, mostly FAS and ERX last week. Also lost good money within an hour, but I am quick on the trigger when one of these goes south. You need balls of steel to handle the volatility on the 3x etfs.

SRS has been very good to me, but is also highly volatile. I suggest buying it with a wide trailing stop. Nonetheless, I think it will easily triple from here if one is willing to just buy it and let it sit. It is a great buy below 120. I feel uncomfortable holding SKF, because one never knows what bailout package is coming next and who knows about it.

This is just the opinion of an amateur based upon limited experience with these ETFs.

I wish I had known about EEV earlier.