Is there a 3X ETF for the Dow or S&P500?

Its relative. I did the same GOOG search back in the middle of Q1 2009 as I had loaded thousands and thousands of shares of FAS around a cost average at the $3.25 mark. I ended up getting spooked out of the position. Obviously the trend of the underlying RIFIN did the unthinkable, but that thing has been up nearly non-stop for 9 months now. And I will not recover.

 

Yeah...I don't hold them long.

Thanks

 

If you want to leverage the dow, the best way would be with the YM futures contract.

 

Naaah, they're good for swing trading too.

For example, check out FAS vs UYG vs XLF.

Since Jan 1 to yesterday's high:

FAS - +15%
UYG- + 10%
XLF - + 5%

 

crap, stuff... whatever - OP should pay no attention to any of it since none of them are based on the S&P or the Dow - perhaps members should read the posts before they reply?