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      01-10-2013, 04:15 PM   #1182
gatorfast
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Quote:
Originally Posted by mact3333 View Post
My point was to show you how evil the double and triple leveraged etf's are....time decay!
There is no time decay unless you are talking about options. There is however "decay" in the fact that these etf's are designed to track daily movement of the underlying index and are not designed to track long-term movement. Therefore if you hold these things over a period of time while the market moves up/down you will lose out on the decay of the daily repositioning.