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Old 10-06-2011, 04:56 PM   #5552
TRDood
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Join Date: Jul 2006
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Quote:
Originally Posted by shawnly1000 View Post
You forgot the part where it's 3x leveraged, i.e. banks as a whole/the groupings that FAZ mirrors goes up by 2%, FAZ goes down 6%
And don't forget the quick decay over time. Lost more than 80% from FAZ due to my lack of experience and greed of this ETF.
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