I have a friend who swings between FAS and FAZ as something of a hobby. He says all he uses are the moving averages. Look at these two 60 minute charts and tell me that it can't be done. http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Fund&symb=fas&x=0&y=0&time=3&startdate=1%2F4%2F1999&enddate=9%2F2%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=5&uf=0&lf=1&lf2=4&lf3=8&type=4&style=340&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11 http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=faz&x=0&y=0&time=3&startdate=1%2F4%2F1999&enddate=9%2F2%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=5&uf=0&lf=1&lf2=4&lf3=8&type=4&style=340&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11