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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: Golconda who wrote (53234)	8/7/2009 9:48:09 AM
From: TobagoJack	Read Replies (1) of 217910

just in in-tray Quick question for anyone who might know about this new edict i got from Merrill, I was just called by a broker at merril, my mom has a managed account there which I over view... he tells me that in the last week or so all managers have been forbidden to use the double down or up funds on Merrill discressionary managed accounts... ie no more use of proshares, rydex etc.... they seem to believe there is a new risk in these? Whats going on with this? Have you heard similar or any risk that I am unaware of on ETFs?? Someone suggested there was an article or posting regarding some houses using ETFs as basis for accumulator or CFD type leveraged products.. and thus this could add to huge volitility in some of the ETFs being used... have any of you guys heard of this, or has it already been discussed in this forum, but I missed it?

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