Larisa Railean asked 7 years ago
I see a lot of gloom and tweets about traders exiting long term positions and going to cash till market goes above 50ma again.. also market gives a lot of bearish signals for weeks now... My question is when and IF you change to bearish mode and start looking for swing shorts, failing to close above 8/20mas till trend change, and if NOT what do you need to see in SPY and individual stocks to change to shorting vs only buying as of today ?
Thank you!
1 Answers
Pat Walker Staff answered 7 years ago
Larisa,
This is a good, thorough question. I have found that a great way to participate in market declines us using inverse ETF's on the major indexes. Examples: QID on NAZ 100 is opposite of QLD. SDS on S & P 500 is opposite of SSO. They're both great and fluid.
Sincerely,
Pat
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