coming April 8, this thing is toast
Faz was triple digits four months ago. Wow!
Already priced in my friend. FAZ is going to fly because RIFIN is technically overbought.
Nope, M2M and uptick rule make the decline last longer and gives the banks a chance to raise capital by diluting shares.Thats exactly what FAZ needs, longer and slower!
In my mind , the reason dow & s&p rose from the depths was m2m & uptick rule change.The rally may be over. Dow came close to 8000 that was obvious end.
uptick rule wont do a thing. All the big dogs will do is buy 10 shares, then short 10,000.