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Joe Stocks

07/02/09 11:33 AM

#57819 RE: choad #57817

Choad, TZA would be my bet. FAZ looks tempting but I think I would prefer TZA.
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JimQuinceH

07/02/09 12:04 PM

#57824 RE: choad #57817

I'd buy the DXD.

I've been long the DXD since May 7th.

Jim
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hunkerdown

07/02/09 12:47 PM

#57825 RE: choad #57817

choad...just saw this one... ERY talked about fwiw

http://slopeofhope.com/2009/07/top-performer-of-the-day.html
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Must Be Patient

07/02/09 4:22 PM

#57829 RE: choad #57817

choad, I like shorting TYH if I think the market is going down. Just get your borrow early in the day or you won't be able to get any.

For a long term short, something like a BGU or TNA short might do a bit better, because $NDX successfully tested its November lows in March while I think the rest of the market needs to test its March lows eventually.