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Direxion Daily Financial Bear 3X ETF Message Board

  • esuntexas esuntexas Apr 29, 2009 11:45 AM Flag

    Shanghai Noon

    I have been in SHA for four years. Every 20 to 30 something wants a car here. They used to worship Nike shoes, but now they all want a car. Even the drive to work can be 2 hours in the city - it is a status symbol. What is that telling you. The economy is not as bad as it seems here in China; however, I am long on FAZ, because from what I can see, it will take off soon. The MM's and GS's of the world ARE setting up the retail players for a short term crash (20 to 30 percent DOW), FAZ will hit 40 or 50 again within 2 months, with or without the Swine.

 
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