XLF up 21% as pointed

    Posted by trade on 19th of Sep 2008 at 09:24 am

    XLF up 21% as pointed out, SKF down 24%, should be more like 40% relative to XLF?  However, UNG the 2x long financial etf is up 26% so for some reason the 2x funds aren't performing.  Are they subject to new shorting rules and could that be skewing prices?

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!