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lifo

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lifo

Re: lrp42 post# 30874

Tuesday, 10/13/2009 10:39:01 PM

Tuesday, October 13, 2009 10:39:01 PM

Post# of 47387
Ray, ...Re. 2x, 3x ETFs

Thanks for sharing your thoughts.

I looked at HSD.TO, which is a "double bear" S&P 500 ETF. Last year, about this time, it enjoyed some nice upside volatility. However, it has been steadily trending down for many months.

I am not seeing any really good buying opportunities in stocks right now; so, I am looking for a simple way to make a dollar from a possible downdraft, based on the idea that there is always a decent probability of a downdraft in October.

Anyway, the double bear HSD.TO seems too speculative for me.

Best regards,

Jack

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