ETFs, Leveraged ETFs, Sector Funds

[stiv]

Just got off the phone with Fidelity. Everything was positive and no obstacles that I can see at all for me. I will start the process on Monday and by the following Monday I should be be able to trade.

Regarding Leveraged ETF's particularly 3X - and as soon as you opened up the topic - I was thinking day trading. Probably better to describe my thoughts as swing trading over a period of a few days but using indicators on a Daily, 60 min, 30 min, 15 min timeframe to get a feel for a particular fund. Leveraged ETFs can be explosive. NUGT today...I've watched all week. NUGT is 3X miners long and DUST 3X short. Incredible swings in those two.