Don Vialoux
ProSh Short Dow 30 E.T.F.
DOG-N
TOP PICK
Aug 09, 2013
The Dow goes down and this goes up. We just entered the period of seasonal weakness for the Dow. Mid-August until second week in October, Dow goes down 5% per each year. Meanwhile the Dow broke its 20 day moving average; it broke an important support level; and is underperforming the S&P.
It is the inverse of the DOW. There is very slight NAV erosion because of the dividends involved, but it is not significant. It is not levered. He prefers RWM-N.
The Dow goes down and this goes up. We just entered the period of seasonal weakness for the Dow. Mid-August until second week in October, Dow goes down 5% per each year. Meanwhile the Dow broke its 20 day moving average; it broke an important support level; and is underperforming the S&P.