Awesome Stocks

[bigworld]

Bar: Here is a list of the short ETF funds listed by Index:
DOW
1x = DOG
2x + DXD
3x = SDOW

S&P
1x = SH
2x + SDS
3x = SPXU

Nasdaq
1x = PSQ
2x = QID
3x = SQQQ

We have different approaches. Your's is the best approach from a long term perspective. But there are times when the conditions are ripe for a significant pull back. Not a garden variety correction. I'm talking about a dot.com collapse type event. A 1929 type event. They happen periodically. And there are historic signals that indicate we may be there. I started with a modest buy of DOG yesterday. I'm going to buy more whether it goes up or down. After the debt deal is finalized I will fade out whatever rally that induces. I believe it will be short lived. One or two days. Then I'll add the S&P short fund. If the Nasday doesn't surpass it's previous high at 13.017, then I think it is also ripe for a fall. Just not enough breadth and volume to confirm a break out. Looks like a bear trap to me. The distribution phase of an end of rally market if you prefer Dow Theory. The phase where the dumb money jumps on board for Fear of Missing Out while the smart money sells their positions to them in advance of the inevitable rug pull. The markets have exhibited such behavior going back centuries. Tulips. Mississippi John Law. Countless crashes in stocks. Sometime you have to cash out some positions and wait on the sidelines. Your sons would be wise to maybe take some off the table and sidestep the downturn. Use that money to buy beaten down sectors like energy and miners. I'm not saying to sell it all. But taking profits at some point is prudent.