Direxion Daily Financial Bear 3X Shares (FAZ)

[stayfocused]

It looks like an orchestrated reversal is in play currently, with the uptick rule 'guaranteed' to be reinstated within the next 2 weeks if the congressional meetings mid march are to be believed, and that will propel the market even higher and be bad for FAZ. Bernanke, Shapiro and Frank have all intimated changing the uptick rule is a necessity for the markets to be repaired. I have a lil FAZ still but holding FAS over the weekend as IMO the trend is still up overall even with bad figures due out today. Watching 8250 on the DOW, FAS in relation to the 20MA and the $VIX for any reversal. GLTY