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Friday, April 10, 2009

Short FAZ and FAS - WOW!

There has been a disussion on twitter between aiki14, ZMoose12 and I about shorting both FAZ and FAS since inception.

Shorting since inception, YTD gain 150.35%
Shorting since 2009, YTD gain 135.77%
Calculations are based on CLOSING price.

Notice the loss in RED if you had shorted starting 2009.

Who is discplined enough to do this?

Most traders takes profit on a dime versus a dollar.