kernels

2X and 3X ETFs Are Not the Best Long-Term Hedges

Leveraged ETF's are good when you go into a rally. For example The financials have been gettin the living snot kicked out of them. Suppose you expect a short rally this week due to the M2M hearings. FAS is an excellent place to wager your beats. The trick is to sell off into the rally. Take a look at FAZ, that pps has gone up almost 50% over the last month or so.