Are we at $.70 yet?
RFMD at $6.02 is up 760% from its 70 cent low in Dec 2008. Not bad. Of course it was up as much as 1,111%. On a weekly chart, the long term trend is clearly visible.It is inevitable that stock prices will rise. Inflation has always been the cure. No reason to believe this time is any different.
Really, where would be my TZA then;)
I think the debt debacle will result in a market crash of some kind, and that it is coming up soon.As always, this is something to be played with puts, (optionally) buying TNA puts when the market is about to break down, then loading up on TZA puts when all hope is lost.
your a clown!!
you are going to be wiped outit is inevitable