no kidding - the daily freakout needs to end. IMO i think a lot of the overdone markets fluctuation is exaggerated by these new ETF software trading programs.
Because... the boutique fund managers know "what is good for you" (the retail investor) and you (the retail investor) should buy the nice safe sector fund ETFs - and not those pesky, risky, troublesome single stocks. hah!
---ok enough digression on my part. ;p
I did my in and out on DIRV, made a few bucks .018->.032, keeping an eye on it, but mainly looking for runs in FLSR, NECA, CLKA and a good recovery pop in RNVA.
DSGT is in play and may be good for channel flipping .007-.0077, it will either break over .008 and *boom* - or - fail miserably. I got a little bit of that today- easy in and out with plenty of volume.
PS if you are trading FAZ that is way over my head LT! Good luck I hope you nail it.