4 ms·
I tried to short the Dow with my 401(k)
- sharemywin 6y agoyou have to be careful with those leveraged short stocks. you need to hold it for days or weeks not months. otherwise it eats you for lunch. take a look at a historical chart. it's ugly.
- sharemywin 6y agopersonally I would look at holding about half your money in the market. 30%-50% in cash and by a 3x bull eft some at 20% down. some at 30% down. 40% down. etc. you can even set it up with a limit order buy. 64.04 looks like recent peak for (SPXL).