Now is the Time for Inverse Sector ETFs [View article]
Malkiel is correct. Buying the inverse ETFs when they are down is just the old "buy low/sell high" concept. For example, I did initiate a position in QID but I did it several weeks ago. At that time QID was still making a bottom while the NASDAQ was riding high. I endured some pain until the NASDAQ finally dropped. And, of course, these funds will bounce around as much as the correpsonding long funds as there is plenty of volatility in both kinds of funds, expecially the Ultra versions.
Now is the Time for Inverse Sector ETFs [View article]