which usually lasts only a year. This etf wil be the bigest winner of all when inflation sets back in. Wouldnt hurt to nibble at these prices and add more not on price but on time. Like every 2 months add a bit more. You will be rich in 3 years when this breaks 100
I agree that the holdings in this ETF have huge upside potential. But since its a leveraged fund its more of a short term trade than a long term hold due to the "leakage" over time on the price of the shares which have to be adjusted for the debt on leveraging the positions. Thus, I'm thinking of moving my position over to IYM.