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[QUOTE]Originally posted by PCola77: [QB] By the way, you've neglected to mention that you could LOSE money 3 times as quickly, not just MAKE it :) [QUOTE]Originally posted by Ace of Spades: [qb] [QUOTE]Originally posted by Brietoe: [qb] oh wow, those look really interesting, and their new too. If I get in, I'll wait it out a bit.. See if it bottoms out more. Thanks for the new piece of info :) [/qb][/QUOTE]An ETF means Exhcange traded fund. It's similar to mutal funds cause it's diversitfied, and it's like a stock cause you can daytrade or sell it when ever you want just like a stock. For example, if you want to play oil when it starts to go up again, you can buy an oil ETF. This saves the trouble of going through every oil companies stock, or buying the oil futures. Also they always come in pair...a bullish one and a bearish one. Like a bullish OIL ETF, and a Bearish oil ETF. So you can buy the bullish on the way up, then sell it and buy the bearish on the way down. This way you never stop making money. There has always been ETF's that track the major indices and sectors, than a couple years ago they came out with 2x ETF's which mean 2x leverage. So it would move twice as high with the Bullish ETF, or twice as low with the bearish ETF. Now just recently they came out with 3x ETF'S which means you can make even better gains. I'll give you some links for ETF's..... http://finance.yahoo.com/etf http://etf.com/ http://us.ishares.com/home.htm?c=JAC01 http://en.wikipedia.org/wiki/Exchange-traded_fund http://www.morningstar.com/Cover/ETF.html http://money.aol.com/investing/etf http://www.investopedia.com/terms/e/etf.asp [/qb][/QUOTE] [/QB][/QUOTE]
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