Shorting the stock market

Wondering what symbols some of you use if/when you short the stock market.

 

I was looking at buying PUTS on the Vanguard Total Stock Market ETF (VTI) at some point.

 

Wondering if anyone knew of any other good total market ETF's I could short, or any "inverted ETF's" I could go long with.

 

Thanks

 

looking at these 3

 

VTI

 

DIA

 

SPY

Puts are your best bet if you think the market is going to tank and don't want to get slaughtered if it goes up.  Look at puts on the triple/double long Indexes SSO or BGU for example this way your getting leverage on leverage to the downside. BTW:  I picked up a few SPY Aug 99 puts today for a longshot.

thanks guys

 

palladium - agree with you about less risk with options, but like king of all jersey said i want to avoid the time decay that comes along with options

 

this is what i was looking for - thought i would share if anyone is interested

 

Inverse (Short) Market Cap ETFs
ProShares Short QQQ ETF (PSQ)
ProShares Short S&P500 ETF (SH)
ProShares Short MidCap400 ETF (MYY)
ProShares Short Dow30 ETF (DOG)
ProShares Short Russell2000 ETF (RWM)
ProShares Short SmallCap600 ETF (SBB)

Leveraged Inverse (Short) Market Cap ETFs
ProShares UltraShort QQQ ETF (QID)
ProShares UltraShort S&P500 ETF (SDS)
ProShares UltraShort MidCap400 ETF (MZZ)
ProShares UltraShort Dow30 ETF (DXD)
ProShares UltraShort Russell2000 ETF (TWM)
ProShares UltraShort SmallCap600 ETF (SDD)
Rydex Inverse 2x S&P 500 ETF (RSW)
Rydex Inverse 2x S&P MidCap 400 ETF (RMS)
Rydex Inverse 2x Russell 2000® ETF (RRZ)
Direxion Russell 1000 Bearish 3X ETF (BGZ)
Direxion Russell 2000 Bearish 3X ETF (TZA)

 

i think market is going to drop because consumers are not ready to carry this economy yet - some manufacturing indicators were positve last week, but i don't think it will be enough and i think market is over inflated right now

 

 

formatted if you want to make a portfolio tracker in yahoo finance...

 

PSQ SH MYY DOG RWM SBB QID SDS MZZ DXD TWM SDD RSW RMS RRZ BGZ TZA