Comments on: Ultra ETFs: Whether You’re Ultra-Long, Or Ultra-Short… Be Ultra-Careful

By: Chris Collie

Chris Collie — Thu, 11 Mar 2010 05:24:59 +0000

The explanation on daily resets is either biased or incorrect. Surely if the ETF went up 1% every day for 4 days the ETF would have the same value if it moved 1%, 2%,-1%, 1%. There may be slome difference but how could it go down as you suggest.

By: Ultra ETFs: Whether You’re Ultra-Long, Or Ultra-Short… Be Ultra-Careful

Ultra ETFs: Whether You’re Ultra-Long, Or Ultra-Short… Be Ultra-Careful — Wed, 10 Mar 2010 15:56:39 +0000

[...] Ultra ETFs: Whether You’re Ultra-Long, Or Ultra-Short… Be Ultra-Careful [...]

By: Bill Woodbridge

Bill Woodbridge — Wed, 10 Mar 2010 08:10:29 +0000

Karim-
Your explanations leave me baffled, which is why I am not renewing my subscription (which cost me more than I made on your recos last year).
In this latest email, regarding your US Air leap, you stated:
“When the shares began to turn higher at the end of last year, we closed our LEAP position for gains of more than 60%. It put a “free trade” in motion – which could return us more than 2,000% by January 2011.”
Wait. If you closed out of your LEAP position, how in the world do you have a position left that puts you in a “free trade in motion”? You have no position left to be in any trade if you closed out of it. Your explanations repeatedly make no sense. You leave out part of the explanation or assume that we know something that you have not stated. You need to have someone edit check your comments because they are incomplete and not helpful.

By: Thorulf Lofstedt

Thorulf Lofstedt — Tue, 09 Mar 2010 20:22:05 +0000

Well in your comment on ETF:s I couldn´t really follow this:-”It put a “free trade” in motion – which could return us more than 2,000% by January 2011″.