One word: OIL

[poway_seller]

anyone who buys a leveraged etf (2x or 3x) and ‘buys and holds’ it thinking that if they make the right call (i.e. buy a double long etf and the underlying index goes up), they will make money is very mistaken. It is very easy for you to guess correctly for the direction of the asset class (like China, Real Estate, S&P500, etc), but have your leveraged ETF LOSE money! Be careful what leverage does to those investments in highly volatile markets.

You MUST average in and out of them to even have a chance to come out ahead.

For example, look at FXI/FXP. (China)

FXI is near its lows (relative to the high), yet FXP which goes ultra (2x) short the China 25 is near it’s low as well and VERY far from the high. One would think that if FXI was near a low that FXP would be near a high. Guess again! That’s how you lose money being right.

Tread carefully!

[peterb]

The world’s going ZIRP. When Trichet capitulates, see the US$ vault back up. Germany’s numbers will be the kicker. I’d be looking to go long on the greenback here as the US$ has hit it MA as has the Euro. Well, full disclosure, I have done so with my funds. Staying long gold and silver miners as well.

Not advice, just opinion, etc…..

[peterb]

The world’s going ZIRP. When Trichet capitulates, see the US$ vault back up. Germany’s numbers will be the kicker. I’d be looking to go long on the greenback here as the US$ has hit it MA as has the Euro. Well, full disclosure, I have done so with my funds. Staying long gold and silver miners as well.

Not advice, just opinion, etc…..

[peterb]

The world’s going ZIRP. When Trichet capitulates, see the US$ vault back up. Germany’s numbers will be the kicker. I’d be looking to go long on the greenback here as the US$ has hit it MA as has the Euro. Well, full disclosure, I have done so with my funds. Staying long gold and silver miners as well.

Not advice, just opinion, etc…..

[peterb]

The world’s going ZIRP. When Trichet capitulates, see the US$ vault back up. Germany’s numbers will be the kicker. I’d be looking to go long on the greenback here as the US$ has hit it MA as has the Euro. Well, full disclosure, I have done so with my funds. Staying long gold and silver miners as well.

Not advice, just opinion, etc…..

[peterb]

The world’s going ZIRP. When Trichet capitulates, see the US$ vault back up. Germany’s numbers will be the kicker. I’d be looking to go long on the greenback here as the US$ has hit it MA as has the Euro. Well, full disclosure, I have done so with my funds. Staying long gold and silver miners as well.

Not advice, just opinion, etc…..

[stockstradr]

Lotsa rants on here about the leveraged ETF’s

Look, just go to http://finance.yahoo.com/
and plot the ETF versus the index / commodity it claims to have a relationship with.

Of course I do that before I buy ProShares, Short S&P500 “SH” or whatever.

Now when I see a perfect response per formula, between my chosen ETF and the matching index, then I have ZERO interest in reading the rants and raves of people on here spreading rumors and nonsense about what ETF’s actually do.

[stockstradr]

Lotsa rants on here about the leveraged ETF’s

Look, just go to http://finance.yahoo.com/
and plot the ETF versus the index / commodity it claims to have a relationship with.

Of course I do that before I buy ProShares, Short S&P500 “SH” or whatever.

Now when I see a perfect response per formula, between my chosen ETF and the matching index, then I have ZERO interest in reading the rants and raves of people on here spreading rumors and nonsense about what ETF’s actually do.

[stockstradr]

Lotsa rants on here about the leveraged ETF’s

Look, just go to http://finance.yahoo.com/
and plot the ETF versus the index / commodity it claims to have a relationship with.

Of course I do that before I buy ProShares, Short S&P500 “SH” or whatever.

Now when I see a perfect response per formula, between my chosen ETF and the matching index, then I have ZERO interest in reading the rants and raves of people on here spreading rumors and nonsense about what ETF’s actually do.

[stockstradr]

Lotsa rants on here about the leveraged ETF’s

Look, just go to http://finance.yahoo.com/
and plot the ETF versus the index / commodity it claims to have a relationship with.

Of course I do that before I buy ProShares, Short S&P500 “SH” or whatever.

Now when I see a perfect response per formula, between my chosen ETF and the matching index, then I have ZERO interest in reading the rants and raves of people on here spreading rumors and nonsense about what ETF’s actually do.

[stockstradr]

Lotsa rants on here about the leveraged ETF’s

Look, just go to http://finance.yahoo.com/
and plot the ETF versus the index / commodity it claims to have a relationship with.

Of course I do that before I buy ProShares, Short S&P500 “SH” or whatever.

Now when I see a perfect response per formula, between my chosen ETF and the matching index, then I have ZERO interest in reading the rants and raves of people on here spreading rumors and nonsense about what ETF’s actually do.

[MadeInTaiwan]

[quote=stockstradr]Lotsa rants on here about the leveraged ETF’s

Look, just go to http://finance.yahoo.com/
and plot the ETF versus the index / commodity it claims to have a relationship with.

Of course I do that before I buy ProShares, Short S&P500 “SH” or whatever.

Now when I see a perfect response per formula, between my chosen ETF and the matching index, then I have ZERO interest in reading the rants and raves of people on here spreading rumors and nonsense about what ETF’s actually do.

[/quote]

Easy there! If you’re right, that is sufficient vindication. Some of us (me in particular) didn’t even know that you could long commodities.

[MadeInTaiwan]

[quote=stockstradr]Lotsa rants on here about the leveraged ETF’s

Look, just go to http://finance.yahoo.com/
and plot the ETF versus the index / commodity it claims to have a relationship with.

Of course I do that before I buy ProShares, Short S&P500 “SH” or whatever.

Now when I see a perfect response per formula, between my chosen ETF and the matching index, then I have ZERO interest in reading the rants and raves of people on here spreading rumors and nonsense about what ETF’s actually do.

[/quote]

Easy there! If you’re right, that is sufficient vindication. Some of us (me in particular) didn’t even know that you could long commodities.

[MadeInTaiwan]

[quote=stockstradr]Lotsa rants on here about the leveraged ETF’s

Look, just go to http://finance.yahoo.com/
and plot the ETF versus the index / commodity it claims to have a relationship with.

Of course I do that before I buy ProShares, Short S&P500 “SH” or whatever.

Now when I see a perfect response per formula, between my chosen ETF and the matching index, then I have ZERO interest in reading the rants and raves of people on here spreading rumors and nonsense about what ETF’s actually do.

[/quote]

Easy there! If you’re right, that is sufficient vindication. Some of us (me in particular) didn’t even know that you could long commodities.

[MadeInTaiwan]

[quote=stockstradr]Lotsa rants on here about the leveraged ETF’s

Look, just go to http://finance.yahoo.com/
and plot the ETF versus the index / commodity it claims to have a relationship with.

Of course I do that before I buy ProShares, Short S&P500 “SH” or whatever.

Now when I see a perfect response per formula, between my chosen ETF and the matching index, then I have ZERO interest in reading the rants and raves of people on here spreading rumors and nonsense about what ETF’s actually do.

[/quote]

Easy there! If you’re right, that is sufficient vindication. Some of us (me in particular) didn’t even know that you could long commodities.

[Author]

Posts