tag:blogger.com,1999:blog-2335748440449035592.post5937019698947635364..comments2008-12-29T10:27:55.318-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-36714022396513229302008-12-29T10:27:00.000-05:002008-12-29T10:27:00.000-05:00for shorting exposure through the long side, you could try SH, just plain jane short s&amp;p500, no leverage.<BR/><BR/>BUT here&#39;s the kicker, even that thing doesn&#39;t track accurately. horrible.<BR/><BR/>shorting SPY would be the easiest, but i don&#39;t think you can even do that. really sucks.market follyhttp://www.blogger.com/profile/07691612544809256786noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-13383570316248597892008-12-29T07:47:00.000-05:002008-12-29T07:47:00.000-05:00The timing seems to be about right; what is driving this market? Several weeks ago it was the negative sentiment (i.e., bull signal); now that dynamic is waning, and when you combine a neutral sentiment picture with poor price action and poor market internals you get a rally that should fail around the 4 week mark -which is sometime in the next week. In other words, I would be selling rallies into the year end. I would agree the goal is to make everyone "happy, happy, happy" and give "us" something positive to talk about this New Year's Eve. I don't know whose goal it is but it is someone's.<BR/><BR/>By the way, good piece on ETF's; I have a problem with sector ETF's as well because they rarely represent the sector or do so poorly - i.e, no GOOG in HHH.Guy M. Lernerhttp://www.blogger.com/profile/09198161809721597881noreply@blogger.com