《The Leveraged ETF Trap That Could Wreck Tech Stocks》
SOXL的杠杆效应放大了半导体板块的涨跌，使得这两次波动的幅度都超过了基本面所支撑的水平。
这是由额外的杠杆ETF推动的，比如SOXL是看涨的半导体ETF，规模约350亿美元，而且是三倍杠杆ETF，所以那相当于1000亿美元，这导致上涨幅度超过了应有的水平，也导致下跌幅度超过了应有的水平。
It was it was fueled by extra you know by these leveraged ETFs like the sockel sooxl is the bullish uh semiconductor ETF and it was like $35 billion and it was a three times ETF so that's like a hundred billion and so that caused the rally to be larger than it needed to be and it caused the decline to be more than it needed to be