So You Think You Can Short (The Market)

If I have faith in my US market timer, I should consider how to make money during a short call. I don't have the time that I feel is necessary to short (and then monitor) stocks so the best avenue may be to purchase contra ETF's. The choices for me are DOG (Dow 30), PSQ (Nasdaq), SH (S&P500) or RWM (Russell 2000). Unfortunately, these ultra ETF's are relatively new so I can't backtest beyond the March 01, 2007 short call. The tables below indicate that the performances of DOG, SH and RWM are quite similar on average. For the narrow time period tested, my market timer appears to be best suited to shorting the NASDAQ. Of course, this is much too strong an assertion to make on a sample size of three observations so this study will have to continue into the future.