Internet2k4

Where Leverage Will Help You in This Market

Agree with Aalan about the difference between leveraged long and short - a chart of 2X or 3X pairs against the benchmark ETF tells the stories. However, the difference does not require "day trading" the shorts in a long term bear trend, which is where we are. They should be profitably sold on sharp index drops (don't be greedy), and dollar cost averaged into the sucker rallies. The mistake is to try to "call the top" for too big an inverse purchase.