AIQ_Systems

FAZ MACD divergence to to the upside

Panjang
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AMEX:FAZ   Direxion Financial Bear 3X Shares
Looks like theres some room for move up. its a 3x ETF so buying the ETF rather than options.
Komen:
not moving much on this one, but as we bought the ETF and not options we can be patient. Leveraging options on 3 x leveraged ETF isn't something I want to do.
Komen:
waiting on fed announcement this week I think this will move regardless of what the fed does or does not do
Komen:
still waiting
Komen:
and waiting. the fallout tomorrow will dictate if we stay in this.
Komen:
gonna bail today if this doesnt move

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