Why short the Nasdaq 100 instead of the index itself?
Depending on the indexes, there may be limited choices of investment vehicles available and they can have trading restrictions. Furthermore, our extensive testing using simulated inverse indexes have demonstrated that shorting the Nasdaq 100 was delivering better results than shorting the top indexes themselves. So for simplicity and efficiency sake, we use the Nasdaq 100tc_Ticker(‘^ndx’), which offers a well traded ETF (QQQQtc_Ticker(‘qqqq’)) and inverse ETFs (PSQ tc_Ticker(‘psq’) ), to implement the Long and Short strategy.