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Non-Tech : Kirk's Market Thoughts

COHR 191.69

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Dec 26 3:59 PM EST

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To: robert b furman who wrote (2461)	12/16/2014 6:15:35 PM
From: w0z	4 Recommendations Read Replies (1) of 26879

SPXU trades just like a stock. 100 shares @ 43.50 = $4350. The thing you need to watch is decay over long holding periods. Over time it will degrade more than you might think. seekingalpha.com Personally I prefer options on the indices (SPY, QQQ, IWM, etc.) which have much more leverage than the 3X ETFs but you need to watch them like a hawk because they move extremely fast. One advantage of options is that they don't require the 3-day clearing period like stocks. Close a transaction today and you have access to the funds tomorrow.

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