John HoodDirex Financial Bull 3x E.T.F.FASDON'T BUYJun 08, 2010

Take your profit and run. U.S. banks are a good sector on a bull run. This ETF gives you three times the leverage, the closest you get to an option in an ETF. If you make a profit here, take it. This is a short-term play, buying the banks on margin, really.

Triple leveraged ETF on financials. It would raise a red flag because of the leverage, but it is just like call options or derivatives. It resets every day. This is a short term thing – monitor it every single day.

A leveraged ETF on financial stocks, which would have done very well since the election. Financials have come off a bit now because some of the regulatory changes the president wants to get through may not go through as quickly as expected. This is designed as a short-term investment, and is not a position you hold for a long-term. He would move out of it or reduce exposure once you have got some of your profits. Think of this as a trading vehicle.