Leveraged ETF’s – Path Dependent

http://www.zerohedge.com/news/leveraged-etfs-why-do-we-have-them#comment-2290614

I couldn’t figure out how to publish it properly on our site – working on fixing, but it did go out nicely formatted on the e-mail distribution if you want to be added to that:

http://parishoffice.ipower.com/TFMA/emailsignup.htm