Again you exaggerate your assertions based primarily on "Longer Term INVESTING", & clearly you either can not comprehend the difference between that & the ability to trade 3x short term funds, or you are here to spread negative fear mongering for ulterior motive purposes.
**No one denies the longer term decay of value due to the leveraged nature, but your lack of ability to acknowledge any capability for these 3x funds as good short term mechanisms only discredits you further with each 'incessant' post you make trying to make your case for hating these 3x funds. Why would you post about this with such excess? Only true likely answer is that your underlying motives are to simply bash & scare people.
***Also being that you have admitted earlier in posts that you haven't traded a stock in many years, only goes to prove moreover your lack of real experience trading anything, let alone 3x funds, making you the last reliable or reasonable resource to be giving out so-called educated lectures here at message boards on 3x funds.
You've already made your point clear about longer term decay & that 3x funds are bad investments, so I suggest you move on as you are now revealing yourself & your true intent here as not appearing well.
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