If you think the stock market is a volatile place, you ought to get a load of ETFs that use leverage.
From Sep. 15 to Oct. 16, the ProShares Ultra 2x Dow 30 Fund (NYSEARCA:DDM) collapsed 10.22%. But from Oct. 16 through Nov. 14, DDM soared 19.50%. That’s a breathtaking swing of 29.72% from negative to positive gains in just a matter of two months!
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