Except in rare cases, I can’t see owning one of these. But as the Nasdaq creeps up, I decided to see if now is one of those times. I bought a modest position in the UltraShort S&P 500 ETF as an experiment. I’m deliberately calling this an experiment, not a recomendation, and suggest conservative investors let me be the guinea pig. I’ll keep you posted.
– “An Experiment In Taking More Risk”, James Stewart, Common Sense, The Wall Street Journal, October 28, D1