LOL what Mickey Mouse broker not to have those available to
short. I never have any issues like that with IB
anyway one could short ERX (the 3X long) or go long ERY (-3X
ETF), however if you do the -3X ETF's ONLY do 1/3 of the position
you would have taken with XLE because they move 3X, this keeps the
capital risk the same.
I prefer to short the Long ETF vs going long the inverse ETF in
case the ETF degrades over time.
otherwise realize that the market is oversold at this point, so
a short term bounce is not out of the question
LOL what Mickey Mouse broker
XLE / OIH BPENER swing system
Posted by matt on 20th of Feb 2013 at 04:50 pm
LOL what Mickey Mouse broker not to have those available to short. I never have any issues like that with IB
anyway one could short ERX (the 3X long) or go long ERY (-3X ETF), however if you do the -3X ETF's ONLY do 1/3 of the position you would have taken with XLE because they move 3X, this keeps the capital risk the same.
I prefer to short the Long ETF vs going long the inverse ETF in case the ETF degrades over time.
otherwise realize that the market is oversold at this point, so a short term bounce is not out of the question
I know, what a joke!
Posted by oops1e on 20th of Feb 2013 at 08:51 pm
I know, what a joke! Thats TD Ameritrade for ya. Perhaps its because it was after hours, I'll take another look when the market reopens.