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Risk on: Direxion will up the leverage on 10 of its ETFs to triple-leverage from...

Risk on: Direxion will up the leverage on 10 of its ETFs to triple-leverage from double-leveraged next week. Though tickers for the affected funds won't be different - a change to the name for each fund will swap the 2X for 3X. Making the change: INDZ, INDL, BRIL, BRIS, NUGT, DUST, GASL, GASX, RETL, RETS.
Comments (2)
  • 0ZJ
    , contributor
    Comments (69) | Send Message
     
    Disappointing. I was hoping they'd really get wild by upping some of the 3x stuff to 5x.

     

    Only a matter of time!
    28 Nov 2011, 03:00 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    OZC,

     

    I concur.

     

    Perhaps John Bogle, Warren Buffett & Cramer will pressure them to crank it up a notch or two.

     

    I can hardly wait.

     

    Leverage, not just for Banksters anymore!
    28 Nov 2011, 03:16 PM Reply Like
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