Posted by junkmaylbox on 15th of Mar 2009 at 01:42 am
For the past week, the percents of change for financial ultra
long and short ETFs are:
FAS 95.1%
UYG 57.3%
SKF -44.4%
FAZ -61.4%
Hence, in spite of popular opinions to the contrary, one should
buy the appropriate ETFs for the expected trend and not to short
the opposite one instead. Source:
Investor's
Business Daily
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Ultra ETFs are not bad in trending markets
Posted by junkmaylbox on 15th of Mar 2009 at 01:42 am
For the past week, the percents of change for financial ultra long and short ETFs are:
FAS 95.1%
UYG 57.3%
SKF -44.4%
FAZ -61.4%
Hence, in spite of popular opinions to the contrary, one should buy the appropriate ETFs for the expected trend and not to short the opposite one instead. Source: Investor's Business Daily