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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Turtles_win who wrote (99915)	8/17/2015 5:09:45 PM
From: Turtles_win	Respond to of 207338

The two 3x ETFs for energy are ERX and ERY. ERX is the bull and has 465M in assets. ERY is the bear in energy and has only 58M in assets. This ratio of assets tells me that the speculators are in the wrong direction. Another piece of evidence. You would think by now that the assets in ERY would have surpassed those in ERX, but no, we have a lot of hopefull bull oil speculators. However, Chief has me thinking again of how gold can still be close to its bottom even with the Barrons cover. be nice, but I can't see it.