Man..USLV down almost 50% in two days
bluelobster
Posts: 1,220 ✭✭✭
Won't be long before the reverse split...it always happens with these hyper leveraged ETF's just sooner than most with this one.
These leveraged ETFs will wreck a portfolio quicker than buying penny stocks. Of course they were never meant for buy and hold, but I'd bet probably 70% of the buyers hold them for long periods.
These leveraged ETFs will wreck a portfolio quicker than buying penny stocks. Of course they were never meant for buy and hold, but I'd bet probably 70% of the buyers hold them for long periods.
0
Comments
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>That's why there is a DSLV.
If you had enough capital, to withstand occasional margin calls, shorting both long and short 3x ETFs at the same time would be almost a riskless trade over a 3-5 year period, imo
Doesn't even make any difference what the underlying index would be. the more different indexes, the better.