What do you think about UltraShorts?

gec1000 answered 10 months ago …

Based on the current markets assessments (see Chris' article from 2/3 AM as well), the extra leverage provided by UltraShort ETFs seems very attractive right now. I mean, really, we've been hearing the media and some experts talk about hitting "the low" for many weeks now, while the overall trend is still down... I'm with Chris and other more realistic experts and traders. We're heading for worse for a while (i.e. at least a few months) before it gets any better. Conclusion: Over the next few months, UltraShort ETFs will provide you with the leverage you need to make money out of this miserable situation.