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January 14, 2009 – Comments (10) | RELATED TICKERS: EFU
Does anyone know of any leveraged Short European Stock Funds or ETFS? I'm looking to short one on caps, but I just can't find one...
Many thanks,
Jon
What's so great about Europe?
How many do you want.....
EFZ ( 1x)
EFU(2x)
DPK(3x)
Incidentally, why Europe specifically?
Try Yahoo for ETF info:
http://finance.yahoo.com/etf/browser/mkt?c=0&k=3&f=0&o=a&cs=21&ce=40
DPK isn't Europe, I don't believe.
GMX...Its developed markets.....which Europe is a major major chunk - I have not looked thru the prospectus though.
Genereally Developed markets funds have Europe, Canada, Japan and some smattering of South Africa, Australia etc.
That's only 3x play available around that market - however this is a moot point - there's no volume in these in RL and why would you want to play in a 3x if there's no liquidity
FleaBag and anchak,
I think European market prices have dropped below their real value, especially when compared with the S&P500, so I want to take advantage of that and earn some CAPS points.
Thanks to all for the information.
I've made a big chunk of money off TYP (50 shares from $52 to $69 now and counting) and it only does 30k shares a day. That's enough to get a piker like me into a small position.
I shorted EFU. Thanks again anchak and cwlawrence.
FleaBagger --- you are obviously mentally challenged.... The question was how to SHORT Europe. Duhhhhh.... I guess that's beyond your "go long" philosophy.
No, I wanted to short an ultrashort, i.e. go long Europe (not to mention take advantage of the long term march to zero of all ultra shorts).
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