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2x, 3x ETF is simply poison
FAZ, FAS etc..
they are designed for intraday play and at most you can hold 1-2 days. period.
2x ETF may be ok for few days swing; at most hold 1-2 weeks;
a lot of guys here will be hurt by them!
let's check them FAZ and FAS in one year! |
1# littletiger
I had bad experience on 2X ETF starting last fall; so I left 200shr of UYG in my account to remind me on it.
Now frogs are playing 3X ETF .... |
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