lobsterboy

Ultra and Inverse ETFs: The Downside of Doubling Up

I agree with the short term ideas here with regards to these things. I also think with the retirement accounts you can hedge a Vol mkt like the one we are in. An great example is this most recent run up in the dow to 12600, if you were net long assuming a retirement account you can hedge 1 or 1.5 times your portfolio with these things to take advantage to a trade back the mean.

If you think the added ummmhhff with these are fun try trading options on them, it adds a whole new meaning to them but if your truely trying to hedge a portfolio these options are PERFECT.