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Direxion Daily Financial Bear 3X ETF Message Board

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  • nealandchell@sbcglobal.net nealandchell Dec 3, 2008 8:07 PM Flag

    why faz? are you guys maniacs?

    Im with ya however While the financials do have a backstop they tend to run up to fast so when they get overbought you sell fas and ride faz for a bit. Not all at once either lets say you have 500 shares of fas and you get up 10% sell 150 take those funds buy faz fas goes up again another 10% sell another 150 buy faz with proceeds if you get a three day fas run dump the rest end of day buy more faz
    then its time to go at it again when holding faz i dont want to be in more than one day ever
    jmo

 
FAZ
14.59-0.54(-3.57%)Oct 31 4:00 PMEDT

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