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Ultra bears suck
US Large Cap is where I want to be right now.
Not saying doom and glom, just saying correction possible.
Ultra's costs make them bad investments
I don't even have to know what this ETF is about. If it's a 3X bear, I'll bet against it.
Because I'm getting in a bearish mood, and that's what this stock is all about.
Following TMFBabo's lead and my own feeling that the markets will generally rise through the national election... no other analysis done.
This kind of triple ETF will always underperform over the long run due to the way it is constructed. Note: I am not saying you cannot make any money holding this ETF, just that over a prolonged time it will lose money. I have now harvested positive scores on a 3x ETF and its inverse 28 times, yielding 490 points and 50 for 50 on my accuracy (6 times my harvested score was positive, but dropped below the magic +5 number).
following the leader
Following the rest of the fools.
Following my fellow fool's!
3x large cap bear ETFunderperform reason: shorting the ultrashorts long term == free CAPS points.
When you look at the internal costs and statistics of these leveraged instruments, they must all underperform the market over time. If I could, I would short them in real life.
Market is topping, will break down a few percent, which will send this ETF up for a quick peak.
My LeadingIndicator caps page is testing a leading indicator index I have created. I need to pick 6 additional shorts to get my player rating. At the moment my leading indicator index suggests a small cap short etf.
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