um, yeah. the traders and programmers that are responsible for the move really think so.
it's easy to see on a spreadsheet. 2% daily gain for the RUT and 6% daily for TNA.
When do you think the RUT will make a new high? 2012?? If and when that happens, TNA will only be in the mid 80s. And that does not take into consideration decay...
Don't hold this for more than two or three days. You can double your money pretty easily by swing trading this and TZA. Swinging for the fences will get you killed.
Shhh....the longer she stays near the top of the pack, the better, for Democrats. All she does is muddy the Republican waters as she is totally unelectable. (too wacky for mainstream Repubs)
Stick a fork in Romney. Paul is another one who will split up the Republicans at least in the early campaigning.
Perry is the one to watch. He can do some damage.
If there was a glut "in storage" then the traders wouldn't be bidding it up the way they have been. What storage are you talking about? to me, our strategic reserve is our storage.
For three months now the word from the fast money crew has been "this market's going higher...buy the dips" which has been the right way to play for that time frame. I don't care whether the buys have come from the PDs or retail or institutions...the market has only gone one direction for three months.
A correction is coming but CNBC talking heads have been spot on recently.
ok, if you can look at the intraday % change for both you will notice that FAZ INTRADAY change is usually close to 1.5 times what SKFs intraday change. so if you pay attention, you can make more money DAYTRADING FAZ.
All one needs to make a good living in the markets these days is FAS and FAZ. But you have to daytrade.
this question is so weird it creeps me out.
this thing is based on an index of financials and real estate. i think what you are asking is that if the financials in the index go under what happens to FAZ or FAS. that is kind of humorous. this is based on an index. if a bank in the goes under, the index will rebalance or add a new issue in its place.
if enough banks go under such that the folks at russell can't rebalance the index, we are all screwed....not just FAZ and FAS. by that time the dollar would be abandoned and we would be using beans or something for currency...lol
these etfs based on indexes should not go under..besides, they make their profit on the transaction costs not the health of the companies that make up the index on which they are based.
does this make sense?
dumb money will be buying the sh*t out of this market dip in the am. we will be down early. they will eventually get burned. but, I will not think it's the real retracement until GS is back to $140...of course, hell is just beginning at that point...
i'm not so sure we'll hit march lows anymore. i think the govt is into smoothing everything out so panic will be avoided...maybe
conspiracy theories are fun, but faz really doe not correlate with the DOW worth a crap
but when the decline begins, where will all the lazy speculators be?
right here baby.
what a ride for those bold enough to have shares down in this area.