Built to fail -- a short seller's dream.
Ultra's costs make them bad investments
wow! got totally shafted on this when it did a 5-1 reverse split. you'd think they would adjust the cost basis?
some downside protection ...
Among all players it about an even split between outperform and underperform. Among all star players it's 10 to 1 against. I know the smart money when I see it. Besides it's a 3X leveraged piece of crap. Death traps for long-term investing.
Following TMFBabo's lead and my own feeling that the markets will generally rise through the national election... no other analysis done.
following the leader
Following the rest of the fools.
Following my fellow fool's!
marc faber says it... it has an 80% chance of being so.emerging markets up 134% since march 09 low.due for a correction of 20-30% while S&P may only have a correction of 10%
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.
This overall period will see great growht i n all emerging markets!
This type of nonsense is supposed to appeal to speculators and day-traders. It is silly.
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