Redditsux@lemmy.world to News@lemmy.world · 1年前Dow drops 1,200 as US stock market leads a worldwide sell-off following Trump's tariff shockapnews.comexternal-linkmessage-square168fedilinkarrow-up1820cross-posted to: technology@lemmit.onlineworld@lemmy.worldworldnews@lemmy.mlprogressivepolitics@lemmy.world
arrow-up1820external-linkDow drops 1,200 as US stock market leads a worldwide sell-off following Trump's tariff shockapnews.comRedditsux@lemmy.world to News@lemmy.world · 1年前message-square168fedilinkcross-posted to: technology@lemmit.onlineworld@lemmy.worldworldnews@lemmy.mlprogressivepolitics@lemmy.world
minus-squareandyquest@sh.itjust.workslinkfedilinkarrow-up3·1年前Well I just bought some inverse SP500 x3 ETF so I’ll hold onto that until we reach the new great depression
minus-squaregrue@lemmy.worldlinkfedilinkarrow-up8·edit-21年前LOL, good luck with that. (Inverse ETFs, especially leveraged ones, don’t work the way you think they do. They’re not really intended or suitable for anything but day-trading.)
minus-squareandyquest@sh.itjust.workslinkfedilinkarrow-up2·1年前U right, made up some of my losses today but I do plan to sell as soon as it looks sort of stable then I’ll just buy a long put
Well I just bought some inverse SP500 x3 ETF so I’ll hold onto that until we reach the new great depression
LOL, good luck with that.
(Inverse ETFs, especially leveraged ones, don’t work the way you think they do. They’re not really intended or suitable for anything but day-trading.)
U right, made up some of my losses today but I do plan to sell as soon as it looks sort of stable then I’ll just buy a long put
That sounds like sunscreen