Wednesday, December 3, 2008

Buy yourself a little TZA

Nothing crazy...just a small little position to amuse yourself. It's fun earning 75% in two weeks.

2 comments:

Anonymous said...

question:
If you buy position in TZA and the Russell 3000 Index rises 33.3%, does that mean you have lost your whole position?

[at 3x leverage-> 3*(-33.3%)=-99.9%]

Konrad Brandemuhl said...

Are you doing a buy and hold strategy or buying the market pops and selling on the dips.