Direxion's Controversial 3X Bear and Bull ETFs

Direxion Triple ETFs are friend and foe to all that play the market.  Direxion is the 1st company to offer ETFs that have a targeted return which is leveraged to three times (3X) and minus three times that of the underlying indices.

It doesn't matter if people don't like it, they exist and investors are trading them, heavily.  Good for Direxion, they are cashing in like no tomorrow and like their catch phrase says -- 'ETFs to the Power of X'.

They aren't trying to hide or sugar coat anything.  These ETFs thrive on volatility, and that's all we seem to have these days.  So the investing public needs to be aware of these funds, if you have the means and the guts, why not use them?

Use caution with these ETFs, track them for a few days, watch how to jump 20% in one day, get a feel for them before you decide to pick up a few shares.  Like em or not, the volatile 3X ETFs are here to stay (for the moment).

Here are the ETFs that you can buy/sell:

Tickers Alone: BGU, BGZ, ERX, ERY, FAS, FAZ, TNA, TZA