Uyg

Discussion in 'Stocks' started by dumpandbasher, Sep 30, 2008.

  1. seems remarkably pathetic today, while all financials are up nicely. Why is that?
     
  2. I cannot fucking believe it. Now it's down for today.
     
  3. Arnie

    Arnie

    That thing was trading around 16.40-16.50 last night (7:30ish) and I looked at TWS and it was 16.00x16.14, so I put in a small order at the ask and got a partial fill! Couldn't believe it.

    Remember its a leveraged so it moves kinda crazy at times.
     
  4. All the "Ultra" ETF's suck.

    They rarely trade 2x the benchmark. Too much betting and hedging going on.
     
  5. moo

    moo

    Nonsense. The Ultra ETFs are very useful, especially for those with no access to futures. But they are for traders, NOT holders.
     
  6. its was good on the 30th its good till the end of the day today wouldnt hold past end of today tho