FASFAZ Destroyed

Some Surprising Truths About Leveraged ETFs

Mr. Johnson, it has been more than proven that leveraged ETFs are destroyers of funds, just asked anyone who has invested in them... There have been literally hundreds of billion of dollars, likely more than $1t, lost in them by investors. Do not try to shift the blame to investors. One wonder who is paying for this report.

FAS/FAZ: Dangerously Crossing the Ultimate Pairs Trade

Total destruction is the right word. This site tracks the total losses of FAS_FAZ live: nexalogic.com/fasfazlo... These things are losing $60M each day.

As for the $8 thing, guess what, FAZ-FAS traded at identical prices for the first time at 9.55, then 9.52, 9.20, 9.15, then 8.36... both going lower and lower: 1.bp.blogspot.com/_iV5...

Guaranteed destruction is correct. A staggering amount of money has been lost on them.