InvestorsHub Logo
Followers 27
Posts 4012
Boards Moderated 2
Alias Born 03/22/2006

Re: GLENO34 post# 11979

Friday, 11/02/2007 6:31:29 AM

Friday, November 02, 2007 6:31:29 AM

Post# of 31925
If the Qs (1X) were 100 and went down 1%, that would be a 1.00 decline, and if QID was half of that and went down 2%, that would also be a 1.00 decline. The 1X/2X ratio is not always precise on any given day due to how the 2X vehicle is constructed (options, futures, etc.)

Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"

http://investorshub.advfn.com/boards/board.aspx?board_id=7383

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.