There has beeb alot of discussion regarding market manipulation. It is pretty much an obvious fact at this point. With that in mind why is everyone on this board waiting for the financial collapse and the FAZ rally? The collapse ain't coming. The same mabipulation forces that got the market higher will keep the market higher.
By now I'm assuming that most of us understand that these etf's bleed over time. With FAZ under $10 even if the market pulled in 1000 points FAZ would still not get over $19! It's just not worth it. Most people are in this chasing there losses waiting for that complete market collapse that will get there money back. 1. The collapse probably isn't coming. If the financial news is good we will rally and if it's bad the market will be manipulated. 2. Even if the market pulls in FAZ still can't rally that much from these low levels. Sorry FAZ holders (I was one of them till recently)we lose. Get out while there is still something left.
That has already all been out there!!! None of that will change anything. Nothing has so far and nothing will. I just think we see a natural pullback and FAZ gets back to 12. Unless the banks truly are using TARP money to manipulate the market. (which at this point, I'm starting to believe) NO BAD NEWS seems to move this market lower now, so you KNOW there are serious powers at work here.