Monday, December 01, 2008

Triple the Fun - Reminder


An end of the day reminder of how much fun you could have had today if you were positioned properly at the close on Friday. Now, you wouldn't want to have been caught leaning in the wrong direction.

The Triple Beta Funds, baby.

Looks like the "smart" play at the close on friday would have been to buy $FAZ, the "Financial Bear," which is 3-times the inverse of the financials. Wow!