Replies to post #2763 on Bottoming Financial Plays

[dijeetyet]

Very nice, I'll put it on my list.

[dijeetyet]

I just want to know how to make one and sell it. Buy two derivatives that zero out, turn them into a bunch of shares, sell a few million of each to the public for $60 a share and then wait for them to self destruct. Outsource some phone lines for disgruntled bag holders and then take a nice vacation or 2.

[dijeetyet]

I shorted VXX last week , just $600 worth so I could get a feel for that trade. Made $55 after commission 8% in a week WTH I love shorting those spikey weighted ETF's now. Even when I've been horribly wrong I wait it out and make $ eventually cause the decay is profit on the short side.

http://etf.about.com/od/etfinvestingstrategies/a/Inverse_ETFs_List.htm