James Davis

Class Action Lawsuit Against ProShares SRS Seems Without Merit

Any short tracking ETF , especially a 2X or 3X one, pretty much HAS to have a downside bias.

No need for fancy math to prove that. Since a normal short exposes you to UNLIMITED loss, and these ETF's DO NOT , does anyone imagine that benefit comes for FREE? I hope not. You are made to pay for that privilege, daily.

They are probably too esoteric for the average investor, and anyone who traded them thinking you could just buy and hold was ill advised or ill informed. You have to sign an options disclosure to trade options, maybe the same should be required of leveraged ETF's