disaster2008

July Will Be a Turning Point for FAZ

Thanks. I have bought into FAZ and SDS in the last couple days because I think the market is heading down after selling most of my long individual stock positions except a few with decent dividends and upside (UNTD). Admittedly, I really don't know that much about FAZ and SDS and appreciate the info here. I would appreciate more info about how these are managed behind the scenes - like what are the underlying investments and how are they traded?