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Direxion Daily Financial Bear 3X ETF Message Board

  • happyperson_1 happyperson_1 Jun 4, 2009 7:56 AM Flag

    A bull market

    GS and the other big banks will continue to move the market higher. There was little selling in the market yesterday after it went down originally. The big money still long as demonstrated in the last half hour. The market has become a casino of its own. The big money has decided how they can make the most. Fundamentally you will not be able to determine. Technically you will know after the fact. Since the trend is your friend and the big money is upgrading most everything again it would appear the direction of the market at present is still up. FAZ will be down as they continue to upgrade financials and they (BIG BANKS) are the real benefit receivers of the change in America.

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FAZ
32.06-0.25(-0.77%)Aug 25 4:00 PMEDT