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Double the loss though right? The banks went under for similar reasons - way too much leverage.
by fallentimes 18y ago
Double the loss though right? The banks went under for similar reasons - way too much leverage.
- mattmaroon 18y agoYeah, over time an ultra etf should make 2x what the s&p gains (and a short one would lose 2x). In the short term though that's a hell of a profit (on the ultra shorts) when things go the way they have.