The company MacroShares offers two ETFs where you can bet on the direction of the price of oil. Back in January I posted My Drudge Report Oil Short Investment Tip. Using that information I was able to use the MacroShares DCR ticker to make a few thousand dollars on quick trades.
Yesterday I [...]
I’ve received some emails regarding my recent post Ultra ETFs and Counterparty Risk. People are interested and amazed to learn there are ways to make money as the stock market drops. It used to be that one needed to short stocks directly or buy put calls in order to profit from a declining [...]
In a few previous posts, I mentioned using leveraged ETFs as an investment tool. If you own any shares of ProShares, ProFunds or Rydex leveraged funds, keep reading. The rest of you are free to go recess early today.
This weekend I read the prospectus for all three companies providing leveraged ETFs. A [...]
I’ve noticed over the past few years that whenever a barrel of oil hits a new price threshold that the DrudgeReport will put out a big red banner or siren announcing it. And then something happens almost without fail in the following two weeks. The price drops.
After seeing this pattern play out over and over, [...]
After being on the market for almost a full year, our house sold in early 2006. When we first listed the house I wasn’t aware that the housing market was nearing a top. After a month, I started to do some research. I read a few books and thousands of articles and blogs. I studied [...]
Back in December, I explained how one could bet against the market easily by using ProShares Ultra Inverses. This can be risky investing. You either win big or lose big. Timing is important and you really should pay attention to the market daily.
Another option is to invest in a mutual fund that [...]
Remember those ultra shorts I talked about in December? Today while the market was being taken out to the woodshed for a spanking, my shorts were kicking ass!
Dow -3.29%
NASDAQ -3.86%
DXD +7.46%
QID +9.08%
I was premature to short the market in 2006, but I believed in my thesis [...]
When buying equities the game has a simple philosophy: Buy Low, Sell High.
That’s all fine and dandy if you believe prices are going higher. What happens if you wish to invest and you feel the market is overvalued? In the past if you wanted to bet against the rising market your only choice was [...]
