It just wants to go higher. Another opportunity to buy FAZ at low levels for a short term trade. Market will correct soon....just not on Monday. My opinion, of course....and it has been wrong quite a bit lately.
I don't agree. My sense tells me this market is getting very tired. Not only that...but I also believe serious investors (just look at huge insider sales) are starting to get realistic about future returns rather than cheerleading their foundations of "hope". If FAZ goes any lower, it should present an excellent buying opportunity. But it looks good right now. (Always hold for the short term...too much volatility/manipulation)
I wonder if the Asian markets will ignore the Friday sell-off? It feels like the markets might rally on Monday, but it also feels like a rally might sell-off, too. I do think at some point this week, the markets will be at lower levels than Friday's close.