SPX Cycles System Daily Cycles (SPI:IN\X)

[Duma]

Trend1, again let me say again as I did in my original post that everybody wants to use +10 and -10 to show how bad things are using 2x funds. And yes here is another article that does it again. And yes if you are up one day 10% and down the next day 10%, a 2x fund will be down -4% where as the 1x fund will only be down -1%. That is just pure math.

But the reality is that the % movements daily are much smaller so the effect of above is not too bad.

I posted you actual data that shows the loss for holding SSO since the beginning of the year had only resulted in a -.07% loss vs holding SPY. This is actual data. I don't know what else I can say.

           SPY      SSO 
 12/31/10  125.75   48.05 
 05/13/11  134.04   54.32 
   Gain      6.59%  13.05%  6.52% divided by 2