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etftalk
01-30-2009, 08:22 PM
Buy the Short ETF, or Short the Long ETF?

I notice that the ETFchart likes to short the long ETF's, rather than buy a short ETF.

Example: If you are bearish, would you sell short SSO, or buy SDS?

What is your preference?

Bullitt
01-30-2009, 11:19 PM
I use the short ETF. That way I don't have to worry about managing a margin account. I guess if you're playing with a lot of money and you're sure about the trade, then you might be able to make more shorting the long ETF than using a leveraged short ETF because fees tend to be higher in those leveraged ETF's.

etftalk
01-30-2009, 11:53 PM
Makes sense.

Here's another one... Ebb does it all the time, and I've done it myself, but shorting a short ETF can be a confusing position. Being short the SDS can throw me at times. I have to stop and think about what I want to happen to the S&P as it's trading.

teknobucks
01-31-2009, 11:51 AM
very close to shorting both myself...lol


look at the trends on both sides: SSO/SDS SRS/URE QID/QLD
:unsure:


long SRS, TWM, FAZ, SSO, UYM, GEX, TAN, CEF, GLD, & UNG plan to sell the shorts at 650'ish SPX

GL@ALL
Tekno


* rumors of fuel strike ...may wanna fill all your gas tanks

Show-me
01-31-2009, 01:14 PM
I like using the ETF only, KISS.

Fuel strike? How will that effect crude prices? The market is flush with oil buy not gas.

teknobucks
01-31-2009, 01:18 PM
Buy the Short ETF, or Short the Long ETF?

I notice that the ETFchart likes to short the long ETF's, rather than buy a short ETF.

Example: If you are bearish, would you sell short SSO, or buy SDS?

What is your preference?

buy long side......jmho in ira u have 2 of course

in the past liquidity was a factor

sds had 10x the volume of sso so folks shorted sds 4 upside

now anymore even srs has some decent volume and smaller spreads

the cost to your acct if short an ultra short on div days can HURT REAL BAD...had a 3x ultra down pay 26 bucks a share divvy...if short u pay it

teknobucks
01-31-2009, 01:28 PM
I like using the ETF only, KISS.

Fuel strike? How will that effect crude prices? The market is flush with oil buy not gas.

prolly drive um up


rumor from a good source

teknobucks
01-31-2009, 01:32 PM
counting on FAZ SRS TWM to make some $$$ on the coming downside

think "IF" we have some good back to back % down days these will perform well.
this chop chop chop chit makes the price decay a beach...we need a good flush out to SPX650.

holding some longs to protect myself from any bo rallies...my bias is to the downside

teknobucks
01-31-2009, 01:38 PM
I like using the ETF only, KISS.

Fuel strike? How will that effect crude prices? The market is flush with oil buy not gas.

nat gas strike california

Show-me
01-31-2009, 01:55 PM
Cool, thanks Teknobucks!