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rrufff

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rrufff

Re: yielddude post# 602

Thursday, 11/20/2008 6:57:05 AM

Thursday, November 20, 2008 6:57:05 AM

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There are ETF's now that are 2x and 3x market or sectors - I've been playing with FXP. Including that in this contest or the 3x ETF's would distort the intent of the contest, both as a stock picking board and because of the leverage. BTW - anyone who plays these should stick to writing options, or strictly as a hedge to their portfolio. The huge premiums make you the bookie and covers even constant mistakes in timing the market.
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