Has a leveraged ETF ever blown-up?

crgarcia · May 7, 2009

_PD_ · May 7, 2009

DCR ?

short&naked · May 7, 2009

Quote from crgarcia:

Has a leveraged ETF ever blown-up?

No , but I know for a fact that you have. Btw, you are a value investor, why do you care about leveraged ETFs?

aquaswim47 · May 10, 2009

I don't get the 200% gain/200% loss potential of these ETFs. The fact that they are anything more than a 1 day trade seems to boggle the mind. If you believe in something, just buy it; there is no need to leverage it.

Getting creative can make you look like a fool.

I think there should be a product that does a single short of the US Treasury. I don't want to double short it.

Drock409 · May 10, 2009

then just short TLT ...or buy a half lot of TBT

Petsamo · May 10, 2009

If you bought FAS in the beginning of March at $1.90 per share and you held it to today at $12 or so, you would've increased your money 6 times. I bought FAS at $5.40/share. I shouldn't have sold it.

aquaswim47 · May 31, 2009

Quote from Drock409:

then just short TLT ...or buy a half lot of TBT

The main problem is that you won't get the same or similar results by buying half of TBT.

plan · May 31, 2009

They won't blow up but the volatile ones will become penny stocks, just a matter of time.

mrmoose · May 31, 2009

I always thought that on the first of the year all ETF's should split or reverse split to trade at 40.

intradaybill · May 31, 2009

Quote from Petsamo:

If you bought FAS in the beginning of March at $1.90 per share and you held it to today at $12 or so, you would've increased your money 6 times. I bought FAS at $5.40/share. I shouldn't have sold it.

what if....then...

what if...then....

what if...then...

whoever discovered this what if...then... screwed up humanity.

What about IF you have bought FAS last year, then you be losing -78.34%

http://finance.yahoo.com/q/bc?s=FAS

what....if...then...

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