Trend1, I am not sure what your last try is aimed at doing. You have surely picked such an extreme example that of course holding SSO would be a bad idea. But who in their right mind would have held either SSO or SPY for the period you talked about, June 2007 to now.
My point was that one can hold SSO for even several months with almost no loss under the right conditions. I gave you the actual numbers and showed that the loss YTD was only -.07%. Do you not believe those numbers? If you do not accept facts, then I don't know what to say.
My experience with QLD shows that holding any bull 2x+ during a bear period is not a good idea. So yes there are times one can hold a 2x bull and times to switch to bear 2x. If you want to continue to believe that 2x funds are only good for day trading, I am ok with that. There are many who believe the same thing.
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