ProShares short indices. DO NOT BUY TODAY, ON A DOWN DAY! But, after the PPT rallies the talking heads this weekend, and the ignorati get a full dose of FoxNews economic forecasts, we could see a rally early next week. These babies are good for buying then.
My favorites are QID and MZZ, the double inverse of the Naswacky and the Mid Cap Index. These are much less subject to PPT price manipulation, especially the MZZ, than the Down Jones or Standardly make you Poor.
Lots of hangups about liquidity, expenses, how well they mark to their indices, etc. But, when the Nasdaq drop 70% again, those things won't matter much. They can be used in IRAs and can be bought at discounters. |
