Comments on: Hedging Home Value With ETFs: How to Buy & Sell a Home on the NYSE http://jutiagroup.com/2009/04/16/hedging-home-value-with-etfs-how-to-buy-sell-a-home-on-the-nyse/ Market Jitters & Political Critters Tue, 16 Mar 2010 14:33:05 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Paul Franc http://jutiagroup.com/2009/04/16/hedging-home-value-with-etfs-how-to-buy-sell-a-home-on-the-nyse/comment-page-1/#comment-9915 Paul Franc Mon, 20 Apr 2009 03:47:53 +0000 http://jutiagroup.com/?p=5678#comment-9915 Interesting - this is exactly the canned answer I heard when I called the scammers at macro market. The above poster must be one of them. Here they are trying to bring out another scam "product" that will, I guarantee you, track nothing, just like their oil scam did. Just bring out a chart of their UOY/DOY versus spot oil which they claim to track and do yourself a favor and do a correlation analysis. How did they correlate? None. Zippo. Nada. So essentially this is a piece of "product" that tracks nothing. Oil? Gimme a break. And let's not to mention their fixed fee which they hid very carefully in the fine print of their prospectus (thank you above macro market scammer, investors are not morons. I read your prospectus). Their fund is bleeding out money every day in hidden fees and tracks nothing. Hooray. FYI - their DOY which I hold, finally traded 300 shares after 0 shares for a tremendous amount of time. The bid/ask spread? Three dollars. THREE DOLLAR BID/ASK SPREAD on a $8 SHARE!!! You wanna buy their housing scam? Go right ahead. Interesting – this is exactly the canned answer I heard when I called the scammers at macro market. The above poster must be one of them. Here they are trying to bring out another scam “product” that will, I guarantee you, track nothing, just like their oil scam did. Just bring out a chart of their UOY/DOY versus spot oil which they claim to track and do yourself a favor and do a correlation analysis. How did they correlate? None. Zippo. Nada. So essentially this is a piece of “product” that tracks nothing. Oil? Gimme a break. And let’s not to mention their fixed fee which they hid very carefully in the fine print of their prospectus (thank you above macro market scammer, investors are not morons. I read your prospectus). Their fund is bleeding out money every day in hidden fees and tracks nothing. Hooray.

FYI – their DOY which I hold, finally traded 300 shares after 0 shares for a tremendous amount of time. The bid/ask spread? Three dollars. THREE DOLLAR BID/ASK SPREAD on a $8 SHARE!!! You wanna buy their housing scam? Go right ahead.

]]> By: JonathanM http://jutiagroup.com/2009/04/16/hedging-home-value-with-etfs-how-to-buy-sell-a-home-on-the-nyse/comment-page-1/#comment-9885 JonathanM Sat, 18 Apr 2009 18:12:10 +0000 http://jutiagroup.com/?p=5678#comment-9885 macroshares are not ETFs and are supposed to have premium and discounted prices because they are designed to reflect investor expectations re: future oil prices (read the prospectus). This is no different than stocks, bonds and other financial instruments whose market proces can be at premiums/discounts relative to underlying value. You might also want to look at all-in cost of oil ETF alternatives (e.g., USO), in which investors are getting absolutely crushed by contango/roll costs. while the macroshares appear pricey with low AUM, at least they insulate you from huge roll-driven performance erosion (they don't have to manage futures). Look at all-in cost before comparing products like these. macroshares are not ETFs and are supposed to have premium and discounted prices because they are designed to reflect investor expectations re: future oil prices (read the prospectus). This is no different than stocks, bonds and other financial instruments whose market proces can be at premiums/discounts relative to underlying value. You might also want to look at all-in cost of oil ETF alternatives (e.g., USO), in which investors are getting absolutely crushed by contango/roll costs. while the macroshares appear pricey with low AUM, at least they insulate you from huge roll-driven performance erosion (they don’t have to manage futures). Look at all-in cost before comparing products like these.

]]> By: Paul Franc http://jutiagroup.com/2009/04/16/hedging-home-value-with-etfs-how-to-buy-sell-a-home-on-the-nyse/comment-page-1/#comment-9847 Paul Franc Fri, 17 Apr 2009 18:40:27 +0000 http://jutiagroup.com/?p=5678#comment-9847 Their macro shares are the biggest scam of the century. Why don't you look at their current ones on oil for example which are trading at ridiculous premium and discounts and the price DOES NOT TRACK OIL AT ALL!!! What's the use of an ETF if it can't track the underlying??? Plus 1.25% is only part of their ridiculous fees. They charge a $1.2 million ANNUAL FIXED FEE!!!!! did you see that in their prospectus? Oh let's not forget that their oil shares have only 20 million in asset so it's 5% a year, gone in their hidden fees. Wait that's not all. Their stupid shares are trading 0 (ZERO) shares a day so everyone who's stuck in those can't get out!! Talk about Ponzi! Their macro shares are the biggest scam of the century. Why don’t you look at their current ones on oil for example which are trading at ridiculous premium and discounts and the price DOES NOT TRACK OIL AT ALL!!! What’s the use of an ETF if it can’t track the underlying??? Plus 1.25% is only part of their ridiculous fees. They charge a $1.2 million ANNUAL FIXED FEE!!!!! did you see that in their prospectus? Oh let’s not forget that their oil shares have only 20 million in asset so it’s 5% a year, gone in their hidden fees. Wait that’s not all. Their stupid shares are trading 0 (ZERO) shares a day so everyone who’s stuck in those can’t get out!! Talk about Ponzi!

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