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FAS Is Now XLF

BY BILL LUBY | JUNE 30, 2009 | 2:05 PM | 0 COMMENTS

For someone who gets a kick out of volatility, the arrival of triple ETFs has been a little bit like manna from heaven. Of course the launch of the Direxion triple ETFs back in early November just happened to coincide with the highest VIX readings in history. There is nothing like record volatility, except perhaps record volatility times three.

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