Investors can now trade triple-leveraged ETFs. That means three times the return (or loss) of the underlying index. Rick Pendergraft says stocks could be in line for a major rally in the first half of 2009. If it does, the Large Cap Bull 3x Shares ETF (NYSE:BGU) will ensure huge profits for investors willing to “think big”.

Editor’s Note: They’re riskier than traditional ETFs. They promise two times the rise or fall of an index. And hedge funds are snapping them up. Leveraged ETFs are the new buzzword on Wall Street. What about for the casual investor? Are they worth the risk? Provided you don’t get in over your head, says Christian Hill, you’ll be fine…