Here is an article that I originally posted on the blog in March of 2009. It a warning about leveraged ETF's. I recently recommended the FAZ which is a leveraged inverse ETF for the Financial sector. I still think it is a great shorter term call option trade, but I think everyone needs to read this article before getting involved in leveraged ETF's. Here is the link:
http://news.morningstar.com/articlenet/article.aspx?id=271892&pgid=etfarticle
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