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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (71208)10/6/2022 11:54:04 AM
From: Qone03 Recommendations

Recommended By
ajtj99
bull_dozer
skier31

  Read Replies (1) | Respond to of 97597
 
The NAV burn is much worse in a short 3x ETF that a long 3x ETF in the long term.




To: Sun Tzu who wrote (71208)10/6/2022 12:03:20 PM
From: catou13 Recommendations

Recommended By
ajtj99
skier31
towerdog

  Read Replies (2) | Respond to of 97597
 
My experience with SOXS is that 3X bear ETF are good only for a day or 2 . In a bear market shorting SOXL would have been much better.
JAN' 2022 today
SOXL 74.44 11.36

SOXS 32 52

SOXX 556 348