Direxion Daily Financial Bear 3X Shares (FAZ)

[Porgie Tirebiter]

Interesting. In order for FAZ to reach 13.50 again, I'm thinking RIFIN would have to drop to roughly 825. That's a pretty serious drop, especially when you consider how much RIFIN has already dropped since mid April. Indexes don't move unidirectionally.

But then again, it went through it last Friday didn't it? However briefly. I'm personally not comfortable counting on anomalies to make my money. And I could be dead wrong.

I sat it out today, I just never got a good handle on what was going to happen.