johnny inca

Direxion's Leveraged ETFs Triple the Risk

kkerr, it is not fire and forget technology but it's still a sure winner if you know what you are doing.

Direxion's Leveraged ETFs Triple the Risk

i am short both of the ETF's. I was trying to do it for months and then in April all of a sudden there was just a mass of availability of shares. Now that the reverse split has gone through you don't seem to be able to short them anymore, but I still have mine from april. The more volatile the trading the more you make on any given day. FAZ tends to decline more over time than FAS, so I try to stay short 40% FAS 60% FAZ. It's the closest thing to a sure winner that I have ever seen in my life.

Direxion's Leveraged ETFs Triple the Risk

I will be very sad if they pull the plug on FAS and FAZ because I have been running about 10% gains monthly by being short both. The reverse split was a huge bonus as it lowered the margin requirements for the position immensly, so thanks Direxion for that.