alivewweb

Maybe Leveraged ETFs Aren't So Hated After All

Another Puzzle:
On 10/19/08 I got a partial fill pre-mkt on SKF at 88.88 which turned out to be almost the low of that day after which it started back up. But I was also watching the other side UYG which was about $10 that day.

SO now if SKF drops 50% ($75 from 150) UYG ($3.25) goes where? +50% or $5.

Something doesn't add up.