Thanks.
I can see where the funds don't track 100% to the S&P assuming they are hedged to the CA$. But bear and bull should track (opposite direction) the same %. Actually based on the value of the bull and it's rise today, it is doing a lot better (up 10%) than the bear version (down more than 10%).
Mentioned to you about USO being a limited partnership. Form mailed to me (owned it in 2007) I have never seen before showing distributions I never received (unless embedded in the pricing - but that is odd). No idea what to do with it. Can't I just lose money in peace?
iSoBnightly
"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)
"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.