My gut told me that shorting a 3x fund was not as good as holding long the 3x fund. The data for the last IWM down cycle does not support my feelings. I learned something here.
However, you need to check as see how much your broker is charging for shorting. With interest rates up, brokers are getting pretty aggressive. But could still be a good deal.
TNA TZA Jul 31 41.59 21.78 Oct 27 21.82 39.84 gain 90.6% 82.9%%
Trade the Charts and not the Heart - Expect the trend to continue until it doesn't - Realtime is the real deal