WebSurfinMurf's Financial Blog
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Financial news I consider important, with my opinion, which is worth as much as you paid for it.
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Friday, July 3, 2009
FAZ is doing a reverse stock split on the 8th. This significantly changes the math of FAZ and risk to reward. All 3x funds are losers over time due to costs.
It may be prudent to exit to avoid too high of a risk.
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