Doug Kass Thinks The Market Will Fall Today (DOG, QID, SH, DXD, SDS)

Now, I love Doug Kass, but I don't like his market call today. Doug Kass, hedge fund manager of Seabreeze Partners, and one of my favorite market prognosticators expects the market to take a dive today.

He said part of his reason for thinking the market will fall is because of the plunging VIX, which Kass says is a sign of a buying panic.

I don't usually disagree with handsome Doug Kass, but today, I think the market holds its support and finishes in the green.

Currently, the Dow is up 89, the S&P is up 9.3 and the Nasdaq is up 17.

The VIX is down 3% to $24.41.

Now, I heart Doug Kass, but I don't like his market call today. Doug Kass, hedge fund manager of Seabreeze Partners, and one of my favorite market prognosticators expects the market to take a dive today.

He said part of his reason for thinking the market will fall is because of the plunging VIX, which Kass says is a sign of a buying panic.

I don't usually disagree with handsome Doug Kass, but today, I think the market holds its support and finishes in the green.

Currently, the Dow is up 89, the S&P is up 9.3 and the Nasdaq is up 17.

The VIX is down 3% to $24.41.

If you agree with Kass that the market will fall then here are some ETFs you could buy that are inverse ETFs and short the market.

• ETF Name Ticker
• Short QQQ (NYSE: PSQ)
• Short Dow 30 (NYSE: DOG)
• Short S&P 500 (NYSE: SH)
• Short MidCap400(NYSE: MYY)
• Ultra Short QQQ (NYSE: QID)
• Ultra Short Dow 30 (NYSE: DXD)
• Ultra Short S&P 500 (NYSE: SDS)