dmankoff

Direxion's Leveraged ETFs Triple the Risk

how are you short, just short the actual ETFs? or long puts?


On Jul 10 09:10 AM johnny inca wrote:

> 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.

As Alt A Mortgages Breakdown, Ultrashort Financial Not So Cool Anymore

good article - in past 48 hours it seemed the entire Wall Street community has embraced the financials. Government intervention too powerful.... xlf should go up now and also the UYG (double up inverse of the XLF)

Get Ready for the Last Rally

with financials so beat up, is there a lot more downside do you guys think? or are we nearing a tradeable bottom? seems to me, that with so many of the big banks trading below or at 1 x book value, some of these, l ike BAC< WFC WB JPM cand USB can be bought here and make good profits later in th eyear....comments?

Options Trader: Weekly Wrapup

Hi, Phil, I love your strategy and blog - how can I trade your ideas? do you have a subscription? do you autotrade with any option services like thinkorswim? or do you manage money? please advise, my email is: [e-mail]
Thanks-David Mankoff