DOW ETF Short?

Hey, your probably right man. I'm staying short on the market for the next year still. DXD will be $60 by years end when the DOW is at 12,100.

 

So many ultra etfs it can be confusing. Why does there have to be an ultra short ETF when you can short the ultra long one? Seems very redundant.

Also why does the russell need an ulra versions of it?

 

Some funds can be long only. This way they still can be short of the market...