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Direxion Daily Financial Bear 3X ETF Message Board

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  • investing_rules investing_rules Apr 18, 2009 12:34 AM Flag

    ***A V-Bottom is like the tooth fairy...

    When!!! I keep thinking the 875 (s&p) resistance will hold but this market just wants to keep going higher. I keep waiting for that profit taking sell off and just doesn't seem to happen. I am beginning to get a little worried about my FAZ position especially if it breaks through and closes above 875 (s&p).

    So what is your take-- when will the market pull back and how far (on the s&p)???

 
FAZ
36.61-0.24(-0.66%)May 24 4:00 PMEDT