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Direxion Daily Financial Bull 3X ETF Message Board

  • perfect_sense22 perfect_sense22 Mar 24, 2009 2:09 PM Flag

    People are afraid to short!!!!

    I was a faz holder over the weekend and I paid for it. Now I've made almost all of the losses back in fas. Something really clicked with me.

    We know the markets are forward looking. If the banks were already fixed they would be trading at 50/share. By time they are fixed all the profits will had already been made by those willing to take the risk.

    That said, I wont be shorting the banks again any time soon!

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