go figure....still a weak day for FAZand what an uphill battle
MaxPain for FAZ was $6. It hit the number.Monday nothing will hold FAZ back from hitting $7 or more.Asia and Europe will selloff leading to much more pain in the USA.Bad news will no longer be discounted despite the snow job with consumer sentiment. Sentiment is not congruent with retail sales numbers and the markets won't buy sentiment next week.
I agree with you, $6 will be the bullet which shoots the star... I think after we finish from $6 next week, FAZ will shot to double digit within 1 month and will not come back to $6 before next year at least.