The Negative Nancy Index for 2012

Jason Voorhies

It's the first Friday the 13th of 2012, and Jason has awoken to chase down investors and cut off their limbs.


The major indices are down about 1% so far today, as the 2012 bull run has been snapped.

Could it be time for the Negative Nancy index?

As our readers know, The bulls can't run forever as there is always Chaos awaiting in the shadows. Just when you think your precious equities will run forever the market will topple and fall while only the inverse ETFs and short positions will reap the benefits. Stop fooling yourself, there's one million reasons to believe a market correction is upon us.



Thus fellow Masters, join chaos and evil, and welcome the Negative Nancy Index for 2012. Muahahahah.

VXX - The iPath S&P 500 VIX Short-Term Futures ETN is down 25% in the last 3 months, and should chaos resume, VXX should be the first instrument you add to your portfolio.

SPXU - The ProShares UltraPro Short S&P 500 ETF is also down 25% and could have a nice move upwards.

GLD - SPDR Gold Trust (ETF) if the safe-haven play in Gold makes a comeback, pick up some GLD. Look for a decoupling from equity indices first, though.

QID -ProShares UltraShort QQQ (ETF) if risk-off happens you can bet tech is going to fall, thus Negative Nancy's must own some QID.   

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