Subject: Re: How about this for a strategy
If you accept the GTR1 implementation of the Nasdaq 100 (!N1T), then TQQQ = (!N1TL3). You can backtest it to 1972, though somewhere in the 1990s is more realitstic.
Here it is form around the time I started investing:
https://gtr1.net/2013/?~Nasdaq...
Using BCC will get you a decent return, but the MDD is still -99.6, UI 74.
Without BCC, the CAGR is 11, and the UI is 87. Good times!
Baltassar