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Re: JohnCM post# 793

Friday, 03/20/2020 8:30:07 AM

Friday, March 20, 2020 8:30:07 AM

Post# of 934
No I'm not i just explained why buying underlying companies which are so way oversold is better long term. Oilu is going away and uwt is unraveling.crudes up 1.7% uwt -.05%, oilu +5% mro+4.4% dnr+11%. Dnr moves like a leveraged ETF without the nonstop bleed. Mro is going to be a solid investment for a long term.the 3x etf/n in general are a good way to lose money long term unless u short them