Direxion Daily Financial Bear 3X Shares (FAZ)

[jimmyturbine]

I agree the market is due for some type of correction but I thought that just a year ago.

The banks(the Majors) are flooded with cash and frankly they have given huge bonuses to boot to top brass along with IRS and Fed who seem to have supported these Majors.

Maybe more reaction from the middle east and we may see some short term meltdown and just listening to Oboma and commentary that US may be heading over that way for some military intervention but all that said, its all speculation.

My belief this market is artificial and rigged but I am an idiot and simply just venting.

As for buying this ETF, I also agree with some posters that get in and out daily unless this country goes to war then this may be a hold or even a channel play.

Always in my opinion and due your own research,
jimmy