Oh come on, - go for the triple leveraged UPRO! If you're gonna gamble, GAMBLE! lol!

I would do something like that myself, but rather than buy the ETF, I'd sell a near term put option. You get so much in premium, the market would have to go below the Oct 4 low before you would lose money.

Of course, right now I'm loaded up with excessively beat up juniors, so I'm keeping my remaining cash reserved for tax loss buying.