I kept waited and waited till last week and then sold off my all FAZ and bought FAS. That move helped me to relax now and I am recovering my loss. I am happy. Are you?
Told you guys. Leave the dark side and join FAS. FAZ goes down more than FAS. It has a potential to go to 3 to 4 range.
any more opinion?
Yeah: Stay away from these gambling instruments. The ultra ETF party is over for the duration. The markets are just too choppy right now, and will kill the n00bs with the decay on these. Would be safer to just play with XLF instead.
well it does suck to be on the wrong side of a big move like today.but im back in FAZ with the hope this was just irrational buying. we'll see on monday.
I hope all u FAS buyers are also buying FAS june puts to hedge your risk,
will continue to hope if the same happens on Monday?
anyone agree or disagree?
I think FAZ has bottomed out for the day- looks like a good entry point- which I happened to take. We'll see if we get a nice rise into the close- I think we might.
agreebutFAZ at these prices should be a money maker if and when the market corrects