GSL

Distressing Details of the UltraShorts

I've followed Direxionfunds eight, triple X ETFs. Four are triple long, four triple short the same things (energy, small caps, large caps, and financials). They are all down since inception, long and short alike, average 33%. Something very wrong there.


On Jan 23 03:48 PM Jeff332 wrote:

> They're trading vehicles and you'll see that they perform pretty
> well over short periods of time. Longer term, all bets are off.
> If you want leverage and are going to hold for a long time, then
> go with options.

Probe of Citigroup et al Could Hit Financial ETFs

UYG is the double long Banking, and SKF the double short - short the former or load up on the latter.

Commodity Analysts Believe the Party's Over

How substantive! Not! Turn the graph over. What went up should go down. Kind of begs the question why?