Yeah, that worked out good for you. Congratulations. I'm just too conservative to make a bet like that, based on what I saw EOD Friday. Right now though, financials are holding the market down, so I don't know about FAS either, LOL. It made a double top .01 below even for the day, TRIN is slowly moving up, and VIX is bottoming and starting to move up again. So I took a 1/2 size FAZ at 8.40. I'll add if I get a higher low on my mid term chart.
Ya, I started a new thread to talk about FAS and FAZ trading. Perhaps we could have a weekly chat on it. I am watching FAS too. Nothing encouraging yet, just stuff to confuse and dazzle.
I'm still wondering why this market wasn't killed today. We just forgot about the stress test. I'm sure analysts worked on the Fed's release all weekend, but yet I can't hear anything about it