<I hope nobody is using/used this thing. I just don't trust any of etn's anymore>
I sence just a little sarcasm....? + You really think it's the etn's we should not trust? Did you see the mistake on apple friday ?? How much of it was on the news?...NADA> I do agree with cash comment ,the best is CASH, as i once did, when i want to be short.I am or was this year to slow on the trigger for multy short strategies. My bad.
A 50% loss could turn in a 5 fold win very quickly ,, lets HOPE.
Sorry you lost money on that trade RG. I would not be surprised to see a lot of these complicated etn/etf vehicles closed down in the future. They aren't working as advertised. It's hard enough to own stocks in today's market.
Bonds, yep I don't understand them either. Closest thing to a bond for me is INTC and NUE lol. The yields were both at 4% when I bought them. I figured they were safer than a 10 yr US treasury bond.