Direxion Daily Financial Bear 3X Shares (FAZ)

[XBladeRob]

http://www.zerohedge.com/article/morgan-stanley-sees-recent-market-conditions-reminiscent-august-2007-quant-crash-dont-fight-

I'm fine here. A 10% haircut in the short term means nothing against being weighted in the direction we're inevitably going in the medium term. I'd rather not have to wait, I have my ticket, I'm happily waiting. Meanwhile everyone else can decide how much of a haircut they think they'll get, and when to cut out. Doesn't bother me, sitting on this play. I'm sure it bothers everyone else, though.