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FAS and the Furious: The Rise of the 3x or Triple Leveraged ETF

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-14-09 08:27 AM
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FAS and the Furious: The Rise of the 3x or Triple Leveraged ETF

For ETF traders, however, the March rally will also be known as the one that vaulted the Direxion Financial Bull 3x Shares ETF (NYSE:FAS - News) to the top of the hill when it comes to ETF trading. As of April, this triple leveraged ETFs actually surpassed in trading volume the wildly-popular and widely traded exchange-traded fund, the S&P 500 SPDRS ETF, (AMEX:SPY - News).

http://finance.yahoo.com/news/FAS-and-the-Furious-The-Rise-tm-14912954.html

FAS is kicking ass!
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