Hi all, I use the geared version GEAR basically follows STW just...

Hi all,

I use the geared version GEAR basically follows STW just factors in gearing without the cost of a loan.
It also pays a divi low volume unlike STW and most of the action is near end of day.

But if you think the market is heading back to 5800 or 6000 point range from this low base its a easy option when the market was last near 6000 points it was trading over $24 given its at $15 now you can make a nice return just remember to sell out once people pile back into bonds in the U.S. As night follows day that's when will drop again.

Only problem is you can't follow ETFs like GEAR on hotcopper no listing for it that I can see but I have traded it twice now very happy if you need heaps of volume try TQQQ or UPRO for geared ETFs in the U.S. Market those are outstanding and no problem with volume.

Cheers
Hot legs