YES YES YES YES YES. YOU BUY INVERSE ETFS ON DAYS LIKE TODAY AND SELL THEM WHEN THE MARKET is down 300 points. Im loading up with every inverse ETF I can buy... I have been buying DXD FXP DUG FAZ TZA Friday if the market races higher again I buy more.
- - - And yet you have been claiming that you have been buying these ETF's since last Thursday and Friday . . . and getting absolutely KILLED. http://www.elitetrader.com/vb/showthread.php?s=&threadid=145974&perpage=6&pagenumber=1 For example, last Friday the DXD traded $100. Today it traded as low as $72.68 FXP was trading over $96 last Friday and traded as low as $49.00 today. DUG was trading over $50 last Thursday and closed today at 29.50 Hard to believe that anyone would purchase these vehicles ( without any stop-losses ) and hold onto them even though they just collapsed 30 - 45% in just a few days . . . Please post a SCREENSHOT to confirm your positions. Thank You.
Not today, waiting for the s&p to push higher above 950+..... However Yesterday I added into FAZ avg is approx $54.50 and DUG which my average is now $34.65. This is just another bear market rally that pushed the DOW up 1000+ points in a week....there was no volume and in my opinion little participation within the financials....