### Comment:
I made a statement, not a supposition for you to incorrectly disagree with. 
  
 You're talking about leverage decay, which does occur. Now, how does math work? What happens during a 10 bull run for an ETF that tracks the S&amp;P500 3x long on a DAILY basis?

### REPLY:
You made an incorrect statement, for me to disagree with.

### END.