The function of 3X ETF's?
I was thinking about getting shares of FAZ sometime this year as I suspect our economy may take a southward dip. I was told by a Fool to not buy such 3x ETF's unless I intended tohold them for a few days otherwise I'll lose mymoney. It got me thinking, "What the heck are these investment vehicles?". So, I was hoping I coudl some of you to chime in and help me understand these 3x ETF's. I figure anything I get here can compliment what I find on the i-net.