I wanted to know how much value FAZ had lost since the last time we were at 1025. I was surprised to see only a fifty cent loss after the SPX had traveled up fifty points to 1080 and down again over the past 17 trading days.
I don't know if it would always work out this way.
I seem to recall loosing money before when I called the market right, but held FAZ too long.
Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.
Index Universe provides a great tutorial on leveraged funds:
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