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Direxion Daily Emrg Mkts Bear 3X ETF Message Board

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  • hugh_looser hugh_looser Jan 21, 2010 10:20 PM Flag

    2 day selloff,both on big volume!!!

    There will be some swings without a doubt but if you are suggesting that smart money is going to load up for another move at the current levels I would say no. The trend is too decisive to the downside for an immediate reversal imo.

    Asia is in free fall in concert with the U.S. - the next pause will be for reloading Bear trades. Bulls will have to wait for the all clear down the road.

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