3 hours before open Plunge protection team (PPT) got Dow up 154. Even the gov't is powerless to bring this market up. Prediction--market dropping today by close--FAZ up high $14's/low 15s.
the last 3 days faz up around 24% today were down 3+%--no big deal. without govt stimulus this market will plunge. faz will end week up. the key question is what will fed do in sept? my guess is nothing
The shill journalist along with govt ppt--pumping market up today and intervened to stop 1000 point loss yesterday. But the fundamentals haven't changed--the only reason market has gone up is market manipulation in form of QE and plunge protection team. There are no fundamentals to sustain this market and bottom line--it is a bubble that cannot be sustained. In the end FAZ will win
we broke thought most 2 year resistance lines--next stop would be $18.76 posted Oct 15, 2014. We may do it this week --certainly would if govt stopped intervening.
like normal, FAZ slows down over lunch but I expect markets to continue their decline after lunch--happens everyday. So hopefully FAZ will close above $14.
PPT will learn what chinese gov;t has--you cant catch a falling knife or step in front of a stampeding heard. temporarily PPT halted our fun but by end of week expect Faz $15+
ditto patootie galore. the stocks index it is inverse of is not the Dow. Do your homework!
youre an idiot--its still premarket. how is Direxion stealing money? I bought at 10.14 a few weeks ago I'm $13.50 premarket now. , you're bitter because you timed it wrong I did not.
We could see $14-15 today, but if not most likely this week but when reverse split occurs stock will most like be above $50 so if you want on this rocket ship you better get in now.
Dow Futures premarket down 413 points so far, Asia and Europe got slaughtered today yet some FAZ owners premarket selling at 11.95. Are they brain dead? This stock will rocket today and this week.
Though not admitted when you look at one day graphs of China's SSE Comp and Hang Sang--I've never seen a graph flat line--no up/down jagged edges. I do not know if they closed or intervened during those hours but it didn't look normal US may intervene too as it should be a back Monday--Europe's in red, Asia in Red. Good trading chaps
I think FAZ is due for 4:1 reverse. The reverse should make FAZ go up faster as 8% gain on $50 is $4 but 8% gain on $10 is only 0.80 cents. FAZ should be a rocket ship after split but I haven't read anything on date of split--anyone know?
usually I would say after a major market drop like last week, we could expect some consolidation but this time I think different--we will see margin calls and another plunge--FAZ should sail upward. Enjoy the week while everyone else pulls their hair out
Faz closed $11.10 yesterday, premarket now $11.44. In 2009 it topped out at $30k/share and 2015 financial crises is 1000 fold worse than 2009. FAZ is a steal at this price given anticipated downward trend but it won't last forever so get it while you can
even msm knows this bull market is done--but faz is just starting
better get faz at 11.3 before it violently moves up. to quote yahoo finance "stocks in freefall"