Direxion's new monthlies
- Thread starter stevenpaul
- Start date
Quote from sprstpd:
Cramer says 2x and 3x ETFs are bad for the market! Isn't Cramer always right?
Cramer doesn't understand them. They add liquidity and efficiency to the market, but are not meant to be long term investments as the double or triple leveraged nature of the swaps in the underlying causes them to approach zero over time.