Replies to post #12305 on Direxion Daily Financial Bear 3X Shares (FAZ)

[MorningLightMountain]

I've held overnight too.....a few days is OK, it's those "hold for a rebound" who get burned, due to the constant price erosion caused by settlement....

the FAZ and FAS trend is down, long term......just look at the huge premiums on the leap puts!!!