Quote:
Originally posted by ace0r
so why are you cutting yourself short by shorting indecies, if you truely beleive in this info? Why not aim for the heavy hitters in the sectors that are suppoused to take the majority of the hit.
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It is easier to bet on a general decline versus picking stocks to short. I use profunds.com, they have industry funds, but only on the bullish side. You can only be short in the reverse-index funds. Plus it is a lot harder (more commisions, etc) to be short a bunch of stocks, with index funds I can move in and out of bull/bear funds with a few clicks once a day. That way if I'm wrong I can get out of a bad position after one day.