Inverse ETFs for the upcoming crash: UVXY TZA SQQQ SDOW SPXU

Discussion in 'ETFs' started by KCalhoun, Jan 3, 2022.

  1. KCalhoun

    KCalhoun Sponsor

    long-bias gap up today 1/3, in case of reversal this week I'll day & swing trade


    (just bot a bit of SDOW VIXY SPXU TWM SPXS premkt 1/3)

    went all cash fri end of year re wash sale mgmt, won't trade faves UVXY TZA SQQQ (+FAZ SARK) etc til early feb

    given bad covid news over weekend im suprised mkt gapped up; will fade as usual if drops


    ps still confident my bear etf santa/grinch calls will hit by 1/31
    murray t turtle likes this.
  2. Leveraged short ETFs will be MONSTER for those who catch them early in the BIG decline. Worth the effort to keep them in mind. (Odds are you won't catch it... the market is very good about making you miss... especially tops. But hey, if you're thinking that way, at least you've got a chance.)
    Last edited: Jan 3, 2022
    Wide Tailz, RedDuke and KCalhoun like this.
  3. Nine_Ender


    From Dec. 17th :

    " Despite contango/decay, I am now going to hold my inverses from now through at least end of January, I am in 20k worth of UVXY TZA SQQQ SCO KOLD VXX SOXS SRTY SARK etc. because I think a major correction is imminent.

    I will martingale in once they have gone up 10% or more. Goal is to be in 200k worth if there's a major drop, by Jan 31st. "
  4. KCalhoun

    KCalhoun Sponsor

    Great points.... look at 1year charts.... big drop s&p early today though chop now
    murray t turtle likes this.
  5. easymon1


  6. tomkat22


    Yep,those will work. Now all I need is a working crystal ball to tell me WHEN and how far it's gonna drop.
  7. KCalhoun

    KCalhoun Sponsor

    As a rule of thumb I like to buy or scale in when whatever I'm trading ends the day at a 2day high, eg like F and OXY today.
    Math_Wiz and murray t turtle like this.
  8. Nine_Ender


    Ken's been calling for a crash every week for 21 months running.
  9. Overnight


    That is because he hates the layman. He LOVES watching people lose their retirement funds just so he can make a few sim bux.
    Wide Tailz likes this.
  10. easymon1