Recent content by djtholen

I did the same thing, bought some FAS a couple days ago in my IRA. The thing is, if you can get in at the bottom, then it really could do 3X the index over the long term. Here's an example of UMPIX, which tracks the S&P midcap 400 at 2X. It really did double that index from 2003 to 2007...

Yeah, I'm seeing a lot of "uncharted territory" posts.

Want to know when I should buy FAZ. :D

http://www.bloomberg.com/apps/news?pid=20601087&sid=aWCVnODJ3GPA&refer=home

This past week has been a "stress test" of sorts. Looks like they both failed with flying colors.

I agree with you there, but is it your opinion that the C and BAC shareholders will be wiped out?

But failure is not exactly the same as nationalization. Or do you think C won't even be nationalized? What about BAC?