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minstrlman

10/13/08 11:06 AM

#28560 RE: winkerbean #28559

Hey, Wink,

Index or sector funds that are 'leveraged' (move at 1.5X or 2X) the index or sector rate. For every dollar (win or lose) that the index moves, the fund wins or loses two dollars (in the case of 2X)

IWM >> UWM (2X)

SPY >> SSO (2X)

QQQQ >> QLD (2X)

DIA >> DDM (2X)

MM