$Direxion Daily Utilities Bull 3X Shares (UTSL.US)$ if we se...

it's a crapshoot as to when and if the other large companies or other countries sovereign Nations enter into this marketplace within the United States. what this will do is on weakness as we saw a week and a half ago two weeks ago where we had profit taking and money rotating out of utilities going into other tech stocks this will provide the traders that see these cycles to enter on the weakness to give it that leg up when we see a 5% sell-off which is what we did see.. so you're going to have to decide for yourself at what point You're going to exit it's important that you understand that you can't hold this ETF forever because options are used for leverage and there's a cost to the options and there's a gradual decay that you can't see on a daily or weekly basis but over a 3 months 6 month 9 month window if the ETF plateaus that's when you will notice the largest companies underneath that comprise the CTF if you were to plot them on a chart and see when they move a couple percent higher the ztf is lagging that move and that's because there is a cost associated with this leverage.

I've held it since last year and as long as it's trading up you're okay but when you get these periods of sideways movement that's when you're going to see the next Gap up is not as strong and that's because of ultimately the costs associated with creating this leverage through options.

the point is is that as long as it's ticking higher you're fine but if we get a period of 3 months for example we're just trade sideways the next leg up is not going to be as strong when compared to the company's that are in the top 10 holdings it will lag it.

seeing this first hand in TNA versus the Russell index itself and I'm seeing it firsthand and nvdu versus the underlying Nvidia.

in July when Nvidia was $132 nvdu was $146. now we have Nvidia in the 140 range and nvdu is 122.

so this is the cost that's associated with not only managing the underlying leverage ETFs but the options itself for creating the leverage..

it's still the lowest cost solution to getting leverage over a portfolio or an individual company if you were to go on margin you're paying 8% interest that's far greater than this decay over a period of months or my case is coming up on a year in utsl..