My experience is that only backtesting can tell you whether
going long the opposite ETF will give you the same results as
shorting the "main" one. Sometimes the result is surprisingly
different. So IMHO only take the opposite ETF if there are other
reasons supporting the trade (like chart based S&R,
divergences, Matt, rp, dr O etc).
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using the opposite ETF
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Posted by bkout3 on 25th of Mar 2009 at 02:34 pm
My experience is that only backtesting can tell you whether going long the opposite ETF will give you the same results as shorting the "main" one. Sometimes the result is surprisingly different. So IMHO only take the opposite ETF if there are other reasons supporting the trade (like chart based S&R, divergences, Matt, rp, dr O etc).