Comments on: There is Only One Trade On Now

By: Jared

Jared — Fri, 25 Dec 2009 00:05:19 +0000

Meb, What are your thoughts on the new leveraged ETNs BXUB and BXUC?
Grazie!

By: Jared

Jared — Thu, 24 Dec 2009 18:05:19 +0000

Meb, What are your thoughts on the new leveraged ETNs BXUB and BXUC?
Grazie!

By: WorldBeta

WorldBeta — Wed, 02 Dec 2009 17:56:44 +0000

and to be clear, the GTAA system was risk neutral till the Spring, then has been long since so I'm quite aware of this (and the portfolio is hitting new highs currently).

i'm just surprised that it has continued for so long.

By: WorldBeta

WorldBeta — Wed, 02 Dec 2009 17:55:19 +0000

gerd/Gregory: that's the point of my comment.

By: Gregory Pastik

Gregory Pastik — Wed, 02 Dec 2009 17:50:51 +0000

Exactly there is nothing new about this. A novice investor could have said this over one year ago. Seems like a “very late to the party” comment to me.

By: Jez Liberty

Jez Liberty — Wed, 02 Dec 2009 09:36:53 +0000

mmmh… sometimes the Yen mixes things up a bit in this obviouds “dichotomical” (comical?) financial markets world…

Overall its been Long Risk since March though…

By: gerd amft

gerd amft — Tue, 01 Dec 2009 20:27:19 +0000

it's been that way for over a year now. nothing has changed.

By: Eddie

Eddie — Tue, 01 Dec 2009 19:25:30 +0000

It seems these new ETNs will allow one to have more than 100% exposure:
ETN+ Long B S&P 500 (NYSEArca: BXUB), which will offer 3x initial leverage
ETN+ Long C S&P 500 (NYSEArca: BXUC), which will offer 2x initial leverage
I plan to allocate the additional funds to bonds.
What do you think, Meb?