Reverse Stock Split on FAZ and FAS Direxion ETFs Should Be a Wake Up ... -07/09/09 at 3:46 PM CDTby Perry Rod

It finally happened.  A reverse stock split of a popular exchange traded fund now tells us with little uncertainty that three times leveraged exchange traded funds are proving to be an abysmal failure. The era of exchange traded funds, only a few years old, is starting to already see some victims.  Today the ever popular financial ETFs, FAS and ...