Loading ...After recently funding my stock trading account I am toying with some of those ETF’s. The short dow SDOW has been good to me the last month or so and currently have a fairly sizable postion. Instead of jumping in and out and would like to just sit on this position to the end of June, or perhaps end of July. Hoping to then take the profits and swap them for some phiz.
What little I know about the SDOW, and something I keep hearing about ETF’s in general is that you do not want to hold or stay in them for more than a few days, or even just a day. Being lazy, I would just like to position my account for a lower DOW and see what the next month or two brings rather than jumping in and out. Would like to hear your views on this since I know very little about these ETF’s.
Also would like to know if you have any experience with the gold or silver ETF’s. Kinda like the idea of owning a basket of miners vs. individual mining stocks. Appreciate any advice you might have and look forward to hearing your views.
Thanks, Farmboy ( old dog trying to learn a new trick or two )