ETF Scam – Evidence Revealed Sorry for any poor grammar in this article. Grammar is by far not my expertise. The stock market is very speculative in my opinion. Am I to believe everything that has been told? I don’t work behind the scenes where the money flows in big numbers, but if they refuse to tell us the casino similarities I feel there has to be more. ETFS Jan 29/08 UUP (1x Long Dollar) .40 Sep 9/09 UUP – .90 (-0.50, -2.1%) Jan 29/08 UDN (1x Short Dollar) .81 Sep 9/09 UDN – .84 (+0.03 +0.1%) –Interesting how these two numbers do not match on a single yield stock. The percentages are close, but not accurate. Triples and double yield funds have been known for this to happen based on their design. The truth is the design of % gains and losses do not match. Usually if one of these gains 3%, the other may lose 3.03%. The problem is this: The up and down percentage between the two ETFS should be designed that the higher percentage gain a little more in #s than smaller. If going from 100 to 105 is 5%, the opposite should be 4.76% with the calculation of (5/105). Instead when one of these ETFS makes 5% the other usually loses a share over it and maybe lower. (usually greater) The 3x financials show us a great example of this. 3X Long & Short Financials Since Nov 21/08 – FAS (Long) .00 Sep 9/09 FAS – .03 (-3.97, -5.0%) Since Nov 21/08 – FAZ (Short) 52.00 Sep 9/09 FAZ – .42 (-1428.58, – -98.4%) FAZ and FAS were never that high at the time. It is

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25 thoughts on “ETF Scam – Evidence Revealed

  1. Good for you! I’m about 49% ahead. Every time I buy more though it decreases the overall return, since I’m buying at today’s price plus the additional markup that the coin shop charges. I paid off the condo last November and since then I’ve had about 2600 extra each month (after all my spending, groceries, gas, insurance, odds and ends, and spending money). I’ve been putting it mostly into silver.
    In time my rising savings will meet the price for the home I want, then I’ll buy it.

  2. Stop loosing money . Get the stock market index direction for the week before you trade every moday morning , google matrix trading club nothing to loose free to try it now.

  3. FAZ, just sell it when its high. These things go up and down so fast are designed to be losers. I have ran a lot of simulated calculations and put some formulas together to show this. As of now FAS is up 7.58% and FAZ is down 7.57%. That is wrong for if one is up 7.58% the other should be down 7.05%.

  4. Good to know about FAZ and FAS. If the market does crash what is worth considering getting into.

  5. as long as the market keeps rolling, this will lose another 99% over the next 3 years no matter how much the markets crash for the design on these. FAS will also lose 99% in this time.

  6. hello
    if you own real gold or silver, then shorting them is only that as insurance.

    The only thing I like and would feel free to share on the equity markets are PUTS for XLF that have strikes of $10 or higher and for at least six months from now.

  7. Hey endlessmountain how are you?

    I was wondering if theres any ETFs or ETNs that you would recommend at all? Im a great fan of Jim Rogers and was hoping to buy one of his ETNs. But im a small investor. I already own some gold and silver and was wanting to branch out. The way i see it is i want to buy a battered down market but i know buying from a battered market is risky, so was hoping for an ETN/F

    Any advice you can give me would be greatly appreciated 😀

  8. i got 30cents a share of a DIV in 2008 on SKF for a stock that was well over $100

  9. For the ETF Long, it gives dividends. Just like shorting a stock, if it is holding the short over the dividend date, the short holder need to pay out that dividend. Does that takes into account for the Short ETFs?

    Bless You

  10. You need to you read Direxion’s prospective on FAZ/FAS. This aren’t designed to even hold more than 1 day. If you want the correct play, buy long term puts on both FAZ/FAS for a sure winner as they both are destined to go to zero. Whenever they get close, they will reverse split the shares and then continue to lose.

  11. I would say only if hyperinflation hits. 100$ an ounce from increased demand and speculation alone I think is more reasonable for now. Find the bullion don’t get any of these future share stocks, hit up a coin dealer and find out how much they charge on the premiums on top of the spot price, call around.

  12. a few weeks and it should be until around thanksgiving we have now to exit as safely as it can be.

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