*SCALPSWINGSTRADDLE*

[Aristo]

I think the government sees these leveraged ETF's as part of the problem to blame for the market meltdown, and they're on a mission to destroy them. I have seen Cramer bashing SKF many times, maybe the SEC is finally listening to him.
here's one example:

I also think the uptick rule has no effect on FAZ operation since they're not shorting, they're using put options and swaps to trade, but just the hype of the uptick news will drive these inverse ETF's lower.

I hope I am wrong on all the above since I am long FAZ , but my gut tells me we're fk'd.