Posted by junkmaylbox on 30th of Jan 2009 at 10:08 am
It depends on how you define gambling. Is buying a stock option
gambling? Ultra ETFs have much less risk involved compared to
options. Is trading short-term gambling too? Is issuing a stimulus
package gambling?
By your definition the US is the nation of gamblers then...
Ultea ETF's
Posted by dylan398 on 30th of Jan 2009 at 10:03 am
one thing that is becoming more and more disconcerning is the popularity of the Ultra ETF's.....every other stock on the ticker is an Ultra ETF...
more that ever Wall ST. is just legalized gambling....no investing.
It depends on how you
Posted by junkmaylbox on 30th of Jan 2009 at 10:08 am
It depends on how you define gambling. Is buying a stock option gambling? Ultra ETFs have much less risk involved compared to options. Is trading short-term gambling too? Is issuing a stimulus package gambling?
By your definition the US is the nation of gamblers then...
Life's a gamble
Posted by gan_ on 30th of Jan 2009 at 10:15 am
Minding your own business and working a job is a gamble too.
We are all participants; passive or not.
yeah, but DYlan is right
Posted by Michael on 30th of Jan 2009 at 10:13 am
yeah, but DYlan is right -- the thing with the ETFs is making access to more and more leverage available to everybody. Everything gets sped up.