Replies to post #1920 on Proshares Ultra and Ultrashort ETF's

[MWM]

Alll the oil etf's track contracts that are a few months out, those contracts are actually coming down...

Remember when we had that one month when right at the end of the expiration there was that huge $10-$20 short squeeze for that month but then the next day after everything was back to normal, none of the etf's followed that move either...

[AD]

ktc, there are so many variables with the ETFs and ETNs (DXO)...there's a lot to consider. It's hardly an exact science. And one general rule is, they are for short term trading.
Afterall, wouldn't it seem that SRS should be near a high,, same w/ our beloved SKF which is 120 pts off ?

THere have been many posts , easy enough to find on ihub and elsewhere, explaining the answers to your question.