Replies to post #44109 on Langlui's Big Board and Options Plays

[langlui]

agree fringy. Look at the iBox to find the list of 3X bear ETFs. I think TZA ERY are the better ones.. I favour TZA actually.

[hlniv]

Just pointing out the limits of what I think is possible with FAZ gains relative to the overall market. Same holds true with the other 3x bears, the point being, they aren't going to get anywhere near their prevous highs, even as the market rolls over. Decay limits them all from reaching previous levels, FAZ is the extreme example to illustrate this.

But, they all should give some nice gains, as I think we're headed to the 840 mark in the next 30 days. Don't see it much lower than that