Thursday, January 01, 2015 1:38:01 PM
This may seem to be too good to be true, so here is the catch. These funds are designed to decay over a structured period of time. The goal is get in and out within short periods of time so you can lock in profits. If you buy and hold a Leveraged ETF for a long period of time, YOU WILL LOOSE YOUR MONEY!!!
For example, if you enter and exit $SPXS with a profit (over a period of a a few short weeks), the short term profit you likey earned should overshadow the short term rate of decay. At this point, you may want to consider entering the Inverse $SPXL, you will be entering this at the current decayed value. Once market conditions reverse again, it's time lock in profit and exit $SPXL and enter $SPXS.
Any comments I make represent my opinions only. My opinions are based on facts I am aware of at the present time. As facts change (as they often do), so do my opinions.
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