Seems like a long term paired short would be profitable if you
can stomach the short term gyrations. Look at how a paired
short on DIG and DUG would have done last year.
Somebody posted these numbers awhile back;
Agreed! A LONG-TERM pairs short of ultra ETFs seems like a
sure thing. Any reason not to do this? Furthermore, there are some
people lobbying to ban the ultra ETFs, which could benefit both
sides of this trade for an added windfall. This looks like a
no-brainer.
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Seems like a long term
Leveraged ETF's
Posted by homer on 20th of Jan 2009 at 10:15 am
Seems like a long term paired short would be profitable if you can stomach the short term gyrations. Look at how a paired short on DIG and DUG would have done last year.
Somebody posted these numbers awhile back;
Symbol 1/9/08 price 1/9/09 price shares cost value today
DIG 104.75 29.52 95 9951 2804
DUG 37.5 24.16 266 9975 6427
ETF Swing Trade
Posted by sethbru on 20th of Jan 2009 at 10:47 am
Agreed! A LONG-TERM pairs short of ultra ETFs seems like a sure thing. Any reason not to do this? Furthermore, there are some people lobbying to ban the ultra ETFs, which could benefit both sides of this trade for an added windfall. This looks like a no-brainer.