I tried to short the Dow with my 401(k)

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2 pointstekdude2 comments

you 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.

personally 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).

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