Wednesday, May 16, 2012

Holy HeDGE Batman!

The AdvisorShares Active Bear ETF (HDGE) has been kicking butt recently, gaining 13% in the last couple of weeks while the S&P 500 index fell only 5% or so.

My goal when buying HDGE is simply to gain money when the market falls, and if this ETF manages to gain the same amount that the S&P 500 loses in a correction then I'll be satisfied. The fact that HDGE has out-gained the inverse of the S&P by nearly 3-to-1 so far in the month of May is icing on the cake. There will probably be some brief rallies lasting a day or two during this correction, so HDGE may have some down days before it's over, but that's OK as long as I cash out with a net gain.

No comments: