Trade Radar Operator

UltraShort ETFs: At a Tipping Point?

Sheesh! I am happy to see this post generated so many comments; however, it was merely intended to communicate my musing on the current chart of QID and the fact that TA wasn't providing any predictive capability, even as we all seek a bottom. The post was not intended to be especially profound.

I agree it is best to examine the underlying indexes before trading the ultra ETFs and I always do. Still, doesn't hurt to look at the ultra ETFs as they kind of exaggerate the moves of the underlying which sometimes help provide further insight.

UltraShort ETFs: At a Tipping Point?

Sheesh! I am happy to see this post generated so many comments; however, it was merely intended to communicate my musing on the current chart of QID and the fact that TA wasn't providing any predictive capability, even as we all seek a bottom. The post was not intended to be especially profound.

I agree it is best to examine the underlying indexes before trading the ultra ETFs and I always do. Still, doesn't hurt to look at the ultra ETFs as they kind of exaggerate the moves of the underlying which sometimes help provide further insight.

Leveraged ETFs For Upside Juice and Downside Protection

What you describe may indeed work but these leveraged funds have not been around long enough to back-test a proposal such as yours over a time period that includes a bear market. As a result, I was more comfortable taking the approach that these ETFs be used more as the title of the post describes: juice returns and provide downside protection.

Thanks for reading the article carefully and looking at the premise from a different angle.

Regards,
TradeRadarOperator
traderadar.blogspot.co...