01/04/08
QID $42.40
QLD $88.24
Total: $130.64
06/30/08:
QID $44.83
QLD $73.35
Total: $118.18
11/13/08
QID $71.28
QLD $29.48
Total : $100.76
When you look at the totals, do you notice a trend?
If you hold the 2X ETF’s long enough, like a degenerate, you are guaranteed to lose money. Why? Because due to the nature of percentages gained and lost, they are wasting assets. Egregious.
Just trade ’em.
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