Are there any long term inverse ETFs for the financial industry?

[Index piker]

Quote from PlusMinus:

As am I glad to see that you're so convinced that you do. Why don't you make the case for why SEF is good for an indefinite bear on financials, where as the fund is tracking (-daily performance).

missed this quote eh?

index piker
Honestly the only problem for a long term investor concerning SEF is it's an inverse fund.

I admitted my mistake guess you just want to argue with yourself.

knock yourself out

 

[PlusMinus]

Quote from Index piker:

missed this quote eh?


I admitted my mistake guess you just want to argue with yourself.

knock yourself out

You misunderstand. Your mistaking it for a leveraged fund is not the issue. The issue is that you are still insisting that there's nothing wrong with it as a long term hold. Being short or leveraged is not why it's bad. It's bad because it tracks daily returns which doesn't help over long periods.

 

[zdreg]

Quote from PlusMinus:

You misunderstand. Your mistaking it for a leveraged fund is not the issue. The issue is that you are still insisting that there's nothing wrong with it as a long term hold. Being short or leveraged is not why it's bad. It's bad because it tracks daily returns which doesn't help over long periods.

http://seekingalpha.com/article/122...ial-etf-is-nothing-but-a-poor-trading-vehicle

it is obvious he doesn't want to understand that u can be right on direction and still lose money.


why do u argue with someone who refuses to do his homework?

 

[PlusMinus]

Quote from zdreg:

http://seekingalpha.com/article/122...ial-etf-is-nothing-but-a-poor-trading-vehicle
why do u argue with someone who refuses to do his homework?

Because I don't want any happless fools who wonder through here to be persuaded by his ignorance on this matter. But otherwise you have a point.

 

[Index piker]

Quote from PlusMinus:

You misunderstand. Your mistaking it for a leveraged fund is not the issue. The issue is that you are still insisting that there's nothing wrong with it as a long term hold. Being short or leveraged is not why it's bad. It's bad because it tracks daily returns which doesn't help over long periods.

Enlighten me then oh wise one.

How long is too long to hold, for long term appreciation?

 

[zdreg]

Quote from Index piker:

Enlighten me then oh wise one.

How long is too long to hold, for long term appreciation?

pitiful response. if u understood the instrument u would not ask.

 

[timewarner2]

Is the trend inverse?

 

[Index piker]

Quote from zdreg:

pitiful response. if u understood the instrument u would not ask.

It was a rhetorical question you fool.

Just because you have failed to do your homework and see the advantages of a leveraged fund does not mean I have too.

index piker
Leveraged long funds are fine if you know what you are doing.