Hi Cato...... Don't forget that you are buying a product that is supposed to do what it has done (BBOZ is a STRONG bear etf). If you want a product that pretty well replicates the market but in reverse, try the etf BEAR. If the market goes up by 2% then BEAR should act as you mentioned and drop by roughly the same.... Same goes for bull etf's.... GEAR is a STRONG bull etf... Also don't forget that you are dealing with a market maker as well as ordinary traders.
