if u look at the chart for faz/ fas comparing the 2 theyre already down 40% since dec. if u shorted both. faz, srs peeked march 9, this is about the worst market manipulation i seen in some time. if this rally doesnt reverse by a few days after the nineth of april id be surprised. just shows how much the options market drive things
I thought the same thing. SRS is behaving like pump and dumps in the mid-1990's. 1 am out of these jokers for now.
This concept has been discussed in detail in the following two threads: http://www.elitetrader.com/vb/showthread.php?s=&threadid=159266 http://www.elitetrader.com/vb/showthread.php?s=&threadid=158529