Microsectors US Big Oil Index 3x Leveraged ETN (NRGU): Actually if oil producers were going up,...

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Microsectors US Big Oil Index 3x Leveraged ETN (NRGU)

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dealerschool2006

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dealerschool2006

Re: Steady_T post# 729

Monday, 10/19/2020 11:10:06 PM

Monday, October 19, 2020 11:10:06 PM

Actually if oil producers were going up, so would NRGU as well...the decay is part of the deal...and GUSH is another etf that will sail once the producers rebound, but I don't think that will happen until beginning of the year, 2021...then we will see an epic rebound bigger than TNA!!!

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