tomsmith

2 Comments

    • Preparing to Hedge with UltraShort ETFs [view article]
      I should have added, that since Nov 1, Ive tracked the double inverses by Proshares on an almost continuous basis. In comparisons with the underlying, in the oil etf and the spy x2 inverses, there was relatively decent tracking, the most that I recall on a daily basis was about one and a half percent variation from what its supposed to be as of Proshares. Personally, I dont trust proshares to be able to keep them together in a thousand point down dow in a few days, therefore, I would say, put your shorts on or use futures as a hedge, but this will all need to be done well in advance, and, dont expect to be able to get out of your shorts at the bottom . Mar 08 11:18 PM
    • Preparing to Hedge with UltraShort ETFs [view article]
      I have been looking into this for a short while. There appears to be no real study done on this, just us all worrying about it, and everyone else seems to be swallowing the company line about how it works well. Two fridays back, there was a serious discrepancy in how the sds tracked the spy, lets just say, it didnt. It did seem to right itself on monday and all thru this past week. Good luck to us all. Mar 08 11:09 PM
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