Nothing like a hilarious Presidential Debate to tank the markets, lol.
.
.
Btw, re: value erosion with inverse etf's:
.
Lets's say ASX200 is @ 6000 pts
and you have $6000 of BBOZ...
.
Market goes down 2%
ASX200 = 5880..........BBOZ shares = $6300 (2.5 X 2%)
Market fully recovers (+2.04%)
ASX200 = 6000..........BBOZ shares = $5980
.
.
So you lose $20... the cost of a trade. Not much.
However, if the market keeps going up and down, but net sideways, that will start to add up.
.
But it's really not THE biggest concern,
.
.
which is a bull market...
- Forums
- ASX - General
- *** BBOZ - Inverse ASX200 ETF ***
*** BBOZ - Inverse ASX200 ETF ***, page-31
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online