Perfect except for the small fact that you can almost never borrow these shares
On Jun 04 02:22 PM Futurist wrote:
> I appreciate everyones information as to the "decay" factor in highly > leveraged funds. I am aware of this fact but have not found a mathematical > distinction between the decay of negative funds or positive funds. > In fact I am quite amazed that shorting both type of funds at the > same moment has been the perfect long term investment. Now whether > that can continue during a bull market is yet to be seen. > The decay factor will probably keep me from using these funds as > a hedging tool. They are helpful for short term trading though.
7 ETFs to Short Right Now [View article]
On Jun 04 02:22 PM Futurist wrote:
> I appreciate everyones information as to the "decay" factor in highly
> leveraged funds. I am aware of this fact but have not found a mathematical
> distinction between the decay of negative funds or positive funds.
> In fact I am quite amazed that shorting both type of funds at the
> same moment has been the perfect long term investment. Now whether
> that can continue during a bull market is yet to be seen.
> The decay factor will probably keep me from using these funds as
> a hedging tool. They are helpful for short term trading though.