Saturday, April 18, 2009

Direxion's Latest

In case some masochists werent satisfied with the highs that FAZ and FAS gave here is more

Direxion is at it again with triple-leverage ETFs. If you love trading the financial stocks for triple leverage via the Direxion Financial Bull 3X Shares (NYSE: FAS) or shorting them with triple leverage via the Direxion Financial Bear 3X Shares (NYSE: FAZ), then you have some new trading vehicles to use for bonds. You can now be long or short the US 10-Year or US 30-Year Treasury Bonds.

Direxion Daily 10-Year Treasury Bull 3X
Shares (NYSE: TYD)Direxion Daily 10-Year Treasury Bear 3X Shares (NYSE: TYO)Direxion Daily 30-Year Treasury Bull 3X Shares (NYSE: TMF)Direxion Daily 30-Year Treasury Bear 3X Shares (NYSE: TMV)

These were all very thinly traded so far, but they are probably unknown to almost everyone. It will be interesting to see how these
trade once the FOMC does not have its near-Zero rate policy on the short end of the curve and when there is a big economic number move.

5 comments:

I said...

lottery ticket vangidu motha maasa sambalathukku. Adhuve parava illa, stock market le podarathukku.

Vee Cee said...

the example they use .....to show that if there is a gain in the index, then the fund's gain is more than 3X and if there is a loss in the index, the fund's loss is less than 3X.
summa sollakkoodaadhu!!!!

Alan Smithee said...

you can't trade in these instruments by yourself. You need a team of quant monkeys to run programs for you that will trigger trades automatically. Just like rogue traders, one day there will be rogue programs and rogue computers.

Anonymous said...

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who is "supposed" to be a member of the Kolkata Knight Riders..

No one knows, if its really true, but it's so much satiristic and hilarious beyond description...

You have a sizeable following, would like others to enjoy reading such "poison-pen writing" like that. I laughed my guts out, though...

Anonymous said...

adhellam sari hawkeye...

kamal debut song "gnayiru oli mazhaiyil" illaiyo...?

Sundar