I've been in too much of a funk since yesterday afternoon to do a post, but here it is, 4 in the morning, and it's pouring rain outside, so I thought I'd at least break up the multi-hundred count of comments.
There's been plenty of talk on the board about how the leveraged ETFs are best for day trading. If you want a poignant example of that, I encourge you to check out this post from last summer.
Scroll down memory lane, and click on the Present tab for some of the issues – – ANF, XEC, CRK, BTU – – it's a sight to behold. But then do the same with DUG. See anything different?
That's right – in spite of energy being hugely, hugely down since last summer, DUG (which is double-bearish on energy) is down too! I know the basic idea isn't news to anyone here, but a comparison of the charts on this post from the past really bring the point home.
