Supercharged ETFs

How much risk are you willing to take?

Do you know that there is a group of ETFs that is designed to return you 3x than the normal underlying stocks? This means that for a 1% increase in the underlying stock, your ETF will rise 3%. The reverse will also be true. So, 3X ETF is not for the faint heart. But if you can time properly your entry, you will surely be rewarded.

You can search finance.yahoo.com for the ETFs that I'm talking about:

TYO	Direxion Daily 10 Yr Trsy Bear 3X Shares	66.42	ETF		PCX
TYD	Direxion Daily 10 Yr Trsy Bull 3X Shares	54.09	ETF		PCX
TMV	Direxion Daily 30 Yr Trsy Bear 3X Shares	76.55	ETF		PCX
TMF	Direxion Daily 30 Yr Trsy Bull 3X Shares	45.40	ETF		PCX
DPK	Direxion Daily Devlpd Mrkts Bear 3X Shrs	36.68	ETF		PCX
DZK	Direxion Daily Devlpd Mrkts Bull 3X Shrs	48.08	ETF		PCX
EDZ	Direxion Daily Emrg Mrkts Bear 3X Shares	16.20	ETF		PCX
EDC	Direxion Daily Emrg Mrkts Bull 3X Shares	78.54	ETF		PCX
ERY	Direxion Daily Energy Bear 3X Shares	22.25	ETF		PCX
ERX	Direxion Daily Energy Bull 3X Shares	32.59	ETF		PCX
FAZ	Direxion Daily Financial Bear 3X Shares	4.82	ETF		PCX
FAS	Direxion Daily Financial Bull 3X Shares	10.31	ETF		PCX
BGZ	Direxion Daily Large Cap Bear 3X Shares	38.08	ETF		PCX
BGU	Direxion Daily Large Cap Bull 3X Shares	33.11	ETF		PCX
MWN	Direxion Daily Mid Cap Bear 3X Shares	33.53	ETF		PCX
TZA	Direxion Daily Small Cap Bear 3X Shares	26.80	ETF		PCX
TNA	Direxion Daily Small Cap Bull 3X Shares	25.99	ETF		PCX
TYP	Direxion Daily Technology Bear 3X Shares	27.57	ETF		PCX
TYH	Direxion Daily Technology Bull 3X Shares	73.24	ETF		PCX

You can see that you can take a bullish or bearish stand and the ETF will try to gives you a return of 3x.

Currently, I'm bullish. This rally is all about liquidity and hope. I'm stalking the following: FAS, TNA and TYH.