Many are wary of 2x and 3x leveraged ETFs because of the volatility and high expense ratios. If the underlying instrument goes up these thing really go up, but on the way down they really go down.
Direxion is coming out with slightly (1.25) leveraged ETFs with lower expense ratios.
Check out the link below
http://etf.about.com/od/typesofetfs/fl/11-New-125x-Leveraged-ETFs-Coming-Soon-From-Direxion.htm
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Posted by: gmbetz@yahoo.com
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