Working on Our Short Game

After maintaining for months that the market is overvalued, I finally added some positions to InsiderInsights' Recommended List to take advantage of this heartfelt belief.

Basically, I added a short of the S&P 500 index using SPDRs(SPY Quote) and buying a position in the ProFunds (USPIX Quote)UltraShort OTC (USPIX:Nasdaq) fund.

SPDRs is an acronym for Standard & Poor's depositary receipts and is a unit investment trust established to accumulate and hold a portfolio of the equity securities that comprise the S&P 500. It trades like a stock and has continuously changing prices during the day. ...