Richard Shinnick

Time to Get Serious About Utilizing Short ETFs

Fin,

Actually I did implement it at that time. I was ignorant though, I thought it would be a short term trade, didn't realize it would become a permanent fixture. I guess I was just too optimistic-stupid me.

Time to Get Serious About Utilizing Short ETFs

Tony,

Your are right, never would be too long. That was just me being facetious, I am even long a couple of stocks (gold miners, drillers and BAC-gulp).

Time to Get Serious About Utilizing Short ETFs

Ok, now if you got in when I wrote this, take some profits in the SKF and SRS at least, helluva run on this portfolio for just four days. We are down so far, I'm thinking "Emergency Fed Rate Cut" which seems to be the playbook these days.

Time to Get Serious About Utilizing Short ETFs

alexbakertech

Just my dry and sarcastic sense of humor. Don't make too much of it. The article was simply to lay out a short term portfolio, the interesting point is that there are many who view this type of portfolio as indeed a long term investment. Whether it is a hedge or a long term portfolio, it continues to work. Also, if you pick certain historical periods, there are indeed long periods of years where the market did indeed trend down, the question being, are we entering one of those long periods-a la the Japanese stock market. If so, then my portfolio will be a stellar performer. Just food for thought.

Creating a Hedge with ProShares Ultrashort QID

Why don't you go 90% to the QID and keep 10% of your long portfolio to hedge the QID investment. Maybe throw in a little SKF and SRS to diversify.

Ok, I am joking. Or, am I?