Topcat

Time for the American Government and People To Confront Reality

No worries...we are printing money now instead of going into debt! :)...save ourselves now, but hyperinflation down the road, but deal with it then..all started by the huge debt service built by Bush and his Iraq war spending (and the military oil spending and oil delivery uncertainty in the Middle East, which spiked oil and started oil as a commodity investment).

Now is the Time for Inverse Sector ETFs

Before I consider trading SKF again, what happened to the holders of SKFs when trading was stopped? Were the shares just held (could not buy or sell), then the price just set when trading resumed (bid/ask)?


On Mar 06 03:18 PM Malkiel wrote:

> No, you need a day like today to be able to buy your short positions
> (which you would do if you are convinced that the overall market,
> or at least a chosen sector of it, is not trending up or is moving
> up and down). I like to keep it much simpler though, say by moving
> back and forth between a general market index ETF (like QLD ultralong
> for the Nasdaq) and its short equivalent (QID in this case). you
> buy the short as high as possible into the rally and sell it at the
> next convenient low, where you then simultaneously buy the long to
> ride back up. This is where volatility is your friend and flat or
> straightup trends are deadly. It's also where free trading in a
> tax-deferred account becomes a nice profit machine...