Two Reverse ETFs Are Making a Killing in This Bear Market
Aug 29th, 2008 | By Eric Roseman | Category: Featured, Financial NewsWall Street had a good day yesterday on the back of better-than-expected U.S. GDP data. The Dow rose 200 points.
But it’s not the long-only investors who are making money in this market. “For the first time since 2002 investors who sell short or bet against rising stock prices are basking in some real profits,” says Eric Roseman.
Despite recent gains, this is still as bear market. US stocks are down 20% since their October highs. Two reverse ETFs have been making a killing in this environment, says Eric…