RE: Hope and AdviceInteresting. I had inquired about shorting ETFs with CIBC a month or so back and they said no problem. That being said, I have not actually tried shorting an ETF. I did an analysis about the benefits of shorting the opposite ETF vs buying the ETF that you think will move up. It works better in the long term because of erosion.
Click here to see the post.
My average in HOD is about $25.70. You never know what to expect on Monday. So I have a little bit of room on this. $40 oil would be great :)