Friday, November 7, 2008

3x ETF

Calico,

Here is the full list of 3x ETFs. There are 4 more than what you posted.

http://www.marketwire.com/press-release/Direxion-Funds-916219.html

3 comments:

calico said...

Nice, I didn't know they came out with the energy and financial one already. I originally saw a video on cnbc.com about the Russell index ones and they mentioned that they would soon have those energy and financial ETFs. Good find

Jax said...

Did you watch those at all today? Absolutely no volume on the energy ones. At one point in the day both the bear and bull positions in energy were up 5%. How the hell does that make any sense. Those four are an avoid for sure until they get volume. The other ones just seem to trade on stops right now. They need some time to develop charts.

calico said...

I didn't watch them at all today but it doesn't surprise me at all since they just came out. I'm sure there's only a handful of people that know about them so far. I'll be keeping my eye on them in the future but it's probably too early to even bother watching them right now.