Direxion Daily Financial Bear 3X Shares Message Board
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Market down -100 why is this thing up five cents?
None of the banks are up that much either.
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The banks have had nothing but bad news but this thing is stuck. It has not been following the market down the last few days to the extent that it should. This is based off the Russell Financial which I often wonder if it tracks worth a damn. Yes, there is somehting fishy here. It's even weirder on the options side.
- 2 Replies to jorgef176
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Now with the DOW down almost 140, FAZ is down for the day as well??? #$%$???
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S&P needs to close below 1329 and you will see first sign of market weakness.
You may have dead cat bounce to 1335 but then we could probably headed to 1400 -
FAZ to 19-19.5 in that case. IMO
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index except the RIFIN. The RIFIN is not just banks, it's financials so it includes insurance companies, real estate REITs' and so on. FAZ is 3 times the inverse of the RIFIN leveraged on a daily basis only, and as such is only intended to be a vehicle for day trading.
- 1 Reply to i_got_cool_id
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please provide which rifin is that rifin up today?
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DECAYING POS
- 1 Reply to frankyourmoney
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looks like the DOW has to break 13,200 for any significant move..so look for 5-8 cents per 100 point drop, until Dow breaks support at 13,200
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I am disturbed as well strange as can be it got to 17.49 and retreated all the way back even as dow sinks and sinks can you imagine where will be if Dow recovers and only down 70? yikes
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