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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: silvertoad who wrote (109818)5/11/2011 7:32:38 PM
From: the navigator   of 110194
 
the double etfs are trading vehicles only -- it's a big mistake to hold them for long periods, as the odds of losing big are very high. they *do not* deliver twice the price move over any length of time, just one day at a time.

as you were saying...

this article spells it out really well, imo.

Double and Triple ETFs Decay Their Value Faster, By Design

seekingalpha.com
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