Comments on Fund My Mutual Fund: McDermott (MDR) Solid Results

I don't look at any of the double inverses as an i...

2008-02-28T11:08:00.000-05:00

I don't look at any of the double inverses as an investment. But a couple opf months observation should show if I can successfully trade it.

Thanks for the heads up, I hope they come out with...

2008-02-28T10:22:00.000-05:00

Thanks for the heads up, I hope they come out with the Double Soybeans soon too ;)

Hate ETN's. In my due diligence they don't own a ...

2008-02-28T09:55:00.000-05:00

Hate ETN's. In my due diligence they don't own a dang thing and believe they use derivative exposure to mimic the basket you are investing in. I have issues with the GLD ETF as well though at least they own physical even if no one has audited it.

I would stay away from ETN's, unless of course you can be the first one out the door if problems arise.

OT: Believe you have been waiting for this. "DB 11...

2008-02-28T09:34:00.000-05:00

OT: Believe you have been waiting for this.
"DB 116.29, +0.41, +0.4%) said it will launch on Thursday a trio of exchange-traded notes linked to gold prices. DB Gold Double Short ETN, DB Gold Double Long ETN and DB Gold Short ETN will trade on the NYSE Arca under the tickers DZZ, DGP and DGZ, respectively. "The ETNs will be the first to offer investors short or leveraged exposure to gold," Deutsche Bank said in a press release. ETNs are debt securities that have similarities to exchange-traded funds, or ETFs. "