Inverse ETFs

I investigated the inverse ETFs because there is a very good chance that the US stock markets will drop dramatically in the near future. Wall street invites us to profit from the drop by investing in 200% inverse ETFs. But I have long ago learned that wall street is a master of deception. The QID which twice inversely tracks the Nasdaq QQQQs has the following statement in its description: "The Fund employs leveraged investment techniques to achieve its investment objective, which may expose the Fund to potentially dramatic changes (losses) in the value of its portfolio holdings ." This is a black box product using derivatives. The profile of the SDS which twice inversely tracks the S&P 500 states that it uses derivatives. Therefore, I have decided to not use these products. Who needs unanticipated dramatic losses.

I am content to make money the conservative way by waiting for good stocks to enter their accumulation zones, accumulating them there and selling when they are in their distibution zones.