The long stock market rally seems to come to an end soon, the Dow Jones lost a lot of Momentum and dropped more than 1,4 % yesterday. In this context I want to write something about the short on the Dow , the ETF "SDOW". I advised a friend recently to switch from his silver ETF (AGQ) to the SDOW ETF and he's since then considering to buy a new car pretty soon.:)
Pictures tell more than words, check out the chart:
Be advised that this is a high risk derivative, don't mess around with that if you're not 100% sure what you're doing. Anyway, once the markets turn into a bear playground- this would be the way to go.:)
No comments:
Post a Comment