if you go to stockconsultant.com, and put SKF in there you will see FAZ/SKF are 100% BULLISH.Extremely oversold, and will reset alot faster then many are expecting. I owned SKF and have seen it go from 130 to 85 in 1 day, and then 2 weeks later its back to 110.Far too many folks got spooked in FAZ and SKF last monday while market squeezed up 500. What happens when BKX heads back to 24-26 area? Go look where FAZ will be.Far too many amateurs trading theses ETF's
i was hoping for faz to $18 again before the bottom falls out
There is a bottom somewhere...we just don't know where. Question is what is the upside to FAZ?