bertil

Direxion Ups the Ante with 3X International, U.S. Tech ETFs

IF it is indeed true, that these 3X ETFs help create these irrational last minute spikes in the markets, and these effects increase, it will, I believe, keep all the so called retail or small investors permanently out of the market.
For to me, it just "smells wrong" here. It will become one more nail in the public's already severely bruised confidence in Wall Street and eventually in the whole idea of investing in the stock market. Can we, our society, really afford this concept of "it's a free world so I can do whatever I want to and to hell with you!"?