Gary Gallo

Year to Date Performance of Leveraged ETFs

Of course a buy in FAS less then two months ago would have yielded a 300%+ return. {recommended FAS here at 3.71, UYG 2.18} As ive stated in the past buy every leveraged fund you can get that falls under 5.00, under 3.00 is better yet. Of course 5% or so in each is enough. Very limited downside and huge upside. Other then day or swing trading I feel this is the only way. And a better way at that. Its the chop that kills these funds. In a strong trend you can`t beat them. Ive found tight trendlines on established trends work very well as buy and sell signals. tip: No matter what you think the market should do you must pay attention to what it IS doing. Arguing with the market is a sure way to lose all your money fast.