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    Shorting The Market? Here is How I Recommend It

    Monday, March 05, 2007

    I try to avoid shorting the market, but if you feel compelled to do so, I recommend QID and SDS. QID is an ETF that shorts the Nasdaq. It is the anti-QQQQ's with a kick in that it magnifies the movement in QQQQ by a factor of 2. So for example, a 1% down move in QQQQ implies a 2% gain in QID. Similarly SDS is QID's counterpart for the S&P 500. If you think the stock market is heading lower, and I don't argue that, I recommend you play these for the short term.

    -- Faisal Laljee
    Full Disclosure: I do not own any shares of QQQQ, QID or SDS but my position might change anytime without notice.

    9:49 PM | Labels: Markets, Nasdaq, QID, QQQQ, SDS, Shorting |  

    This entry was posted on 9:49 PM and is filed under Markets , Nasdaq , QID , QQQQ , SDS , Shorting . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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    StocksandBlogs.com is a blog on the economy and financial markets. Tune in for FREE stock picks, investment research and markets commentary. I have been an investor for over 8 years, and have been featured on theStreet.com, Wall Street Journal Online and SeekingAlpha. From the latest Exchange Traded Funds to the recent financial crisis, Wall Street to Main Street, Walmart to Microsoft, if it is about money or investing, you will find it here. You can email me at flaljee[at]mail.stocksandblogs.com.

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