Monday, October 12, 2009

ETF Expert

Okay, after a long hiatus, I am going to post again. My goal is to become more expert on ETF trading. First things first....who sells ETF's?

One interesting company I just discovered is called Direxion. Their website address is

Direxion Shares are leveraged Exchange-Traded Funds (ETFs) designed to seek daily investment results, before fees and expenses, of 300% of the performance (or 300% of the inverse of the performance, in the case of a bear fund), of the benchmark index that they track. There is no guarantee that the funds will achieve their objective.
These funds are intended for use only by sophisticated investors who: (a) understand the risks associated with the use of leverage; (b) understand the consequences of seeking daily leveraged investment results; and (c) intend to actively monitor and manage their investments.

These funds are NOT intended for use by conservative investors who: a) cannot tolerate substantial losses in short periods of time; b) are unfamiliar with the unique nature and performance characteristics of funds that seek leveraged daily investment results; and c) are long-term investors who do not monitor their portfolios frequently.

You can see their performance on this address:

Very interesting as their ETF's are geared towards daily trades not long term holding. So bottom line, if you know the trend, you can probably make some profit by trading their bull or bear ETF's.

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