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Strategies & Market Trends : Aardvark Adventures -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (5977)12/27/2008 10:12:28 PM
From: ~digs  Respond to of 7944
 
I think the double (and triple) leveraged ETFs are wonderful for daytrading. For swing trades one needs to be ever vigilant. Also agree that in the long term, holding these double shorts is quite dangerous (as are the double longs).

I will admit to having FXP (long) from ~$35. If it doesn't close over forty shortly, I will probably get rid of it.