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Saturday, February 16, 2013 10:01:51 PM
Shore, my friend, where do I even begin with this one? This is my last post on the subject. You seem to be apprehensive about good news.
This is the fund's record. Keep in mind that it's an INVERSE fund.
Year to Date Return (Mkt): -10.81%
1-Year Total Return (Mkt): -32.02%
3-Year Total Return (Mkt): -40.94%
This tells us that on average when a stock is added to the index, we can expect the stock to INCREASE:
10.81% in the short-term
32.02% in one year
40.94% in 3 years.
It's not to say it won't be right with FUSE. But this is the type of ETF that would have gone long GM at $5 before bankruptcy and short LinkedIn at $50 and short Amazon at $100.
Have a good weekend.
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