I’ve got tens of thousands in SDS. When the powers that be decide it’s time to crash the market (because they’ve shorted it), I’ll make out like a bandit.
SDS moves dollar for dollar as the S&P does, but in the opposite direction. In the last crash, SDS went up more than 20X. This time, the banks are much larger, and the federal government will not have the money to bail them out, so we’ll have a true depression, with SDS going up probably 40X or 50X.
And I’ll make hundreds of thousands on the way down. After that, I'll buy into the S&P on the cheap, and make tens of millions on the way up as the market rebounds in the years after the crash.
Hey, isn’t this how the Kennedys made much of their money, by betting against the market?