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Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP)

NYSE
Currency in USD
Disclaimer
8.870
-0.270(-2.95%)
Closed
Pre Market
8.880+0.010(+0.11%)

DRIP Comments

Since Friday, DRIP was not tracking inversely to GUSH neither to OIL indexes, it showed a plain channel; yesterday, I wrote to Direxion but it seems the communication was blocked due to manipulations. Have anyone of you tried to reach Direxion?
 Drip top ten holdings are severely down over the last days and yet it appears I must take a loss. What gives? WPX Energy Whiting Petroleum Apache EQT Callon Petroleum Range Resources Concho Resources Noble Energy Eog Resources Devon Energy http://www.direxion.com/products/daily-sp-oil-gas-exp-prod-bull-3x-shares
When XOP rallied on the 16th it caused drip to go down quite a bit, volotiliy on 3x leveraged ETF decay over time, especially when there's been so much volotiliy in the markets. The way these have been jumping around I wouldn't hold them for long.
I'm not an expert on this specific ETF, I would get ahold of Direxion.
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