S&P may close around 931 today, and goes lower next week. We may re-test 887 in this wave.
I swapped some of my FAZ position to SPXU. Need to reduce my stress level on FAZ a little bit. It has too much exposure to the news, and apparently is under attack from big banks (maybe combined with the incompetency of the dixren management)
A bear sometimes needs find a quieter place. Too much noise on FAZ right now. Besides, total failure of any major banks is a very low probability event in the near future, but total failure of a decent S&P company is not that remote.