The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (21651)	7/31/2009 4:44:00 AM
From: axial	Read Replies (1) of 71426

With leveraged ETFs you can make out like a bandit if you're on your toes. Sometimes you can capture an intraday gain of 10% when the market close gain is only 6% (for example). Tuesday was good for 13% in 2x crude bear. They work really well when there's a trend, but volatility is your enemy. --- You gotta watch for rebalancing and contract rollover. I don't use 'em on rollover days. Here's some screen shots from a Horizons BetaPro prospectus: Message 25425115 --- "I never trusted them. there always seemed to be an underlying scheme to them...IMO" Yup. USO has underperformed - can't find the chart, but it's out there. It's unleveraged, but long-term you lose. Good luck! Jim

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