RYDEX INVERSE 2X S&P (AMEX:RSW)

Will lose tracking accuracy if held more than 1 day, so definitely will underperform in the long run. No brainer.

The leverage in these along with rebalancing and management costs, plus the long-term upward trend in markets makes them poor performers over the long term. Easy red thumb points.

Hedged leverage cost bet

chk999

Yeah, because Rydex Inverse funds have performed so well over their existence.... *sarcasm* At nearly $200 this was absolutely silly. Even at its current price its tracking toward an eventual reverse split, upon which it may begin a downtrend again.

UltraLong

tmfeldrehed

bull

bullish babo

Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing

Stocks go up.

Might be early but I won't be too late. From Marketwatch 8/17/09 "Two 2008 crash survivors getting worried again"...
http://www.marketwatch.com/story/two-2008-crash-survivors-getting-worried-again-2009-08-16

Depending on risk tolerance, Eliades is currently recommending cash, Rydex Inverse 2x S&P 500 ETF, or shorting the September S&P 500 e-mini contract.

Crawford is even more worried. Twice recently, he has put out major sell/ short signals, most recently on August 5 because of (he said) the lunar eclipse. He writes in his August letter:

"We are expecting an immediate fall, then a rally attempt which may make some good gains, then a complete capitulation to the forces of division, retribution and chaos! Drama begins with the final Lunar Eclipse this Wednesday (Aug. 5). On the 24th-26th, arguments lead to violence as international incidents get out of control and make news. Diplomacy fails....We say: 'Corporate, governmental and international conflicts tank world markets!'"

For good measure, Crawford adds loudly: "SEPTEMBER IS A TRULY UGLY MONTH RIGHT FROM THE START -- OVERWHELMING NEGATIVE ASPECT COUNT. WORST LOOKING DAYS ARE THE 3rd, 15th-17th AND THE 23rd; MERCURY RETROGRADE FROM 6 TO 29TH."

RYDEX INVERSE 2X S&P (RSW)

RSW basically goes two times the opposite direction of the S&P, which will be down. So I get the amount of points that the S&P drops 2x. Easy pick. What a good deal!

Love thy neighbor as thy loves thyself, but choose your neighborhood,
assafer

The housing bubble (which is _still_ the real problem) looks like it will have evaporated by the end of the year or so but there is still on the order of $2,000,000,000,000 to go. We're far from done with this mess yet. Worse still, the "Stress Tests" assumed _way_ too rosy a picture and the "profits" banks are showing are a sham due to changes in mark-to-market. They're still bankrupt and getting more so by the day.

I changed from SDS to RSW because, long-term, RSW seems to come a little closer to the 1/ X^2 a "2x Inverse" fund should really approximate.

Fading every pick made by Ultralong

2X SHORT s&p 500

c'mon now - unsustainable bear market rally.

bear market rally should end soon

market wont rebound until 4th quarter

Expecting a rally in the next few weeks to bump my caps up a bit.