RE: RE: Merry Christmas!Those looking for a fundamental reason to back up my charts need to know only one thing today.
Notice how S&P made new highs today vs Nov 18th at 1200. Yet notice how FAZ is not even close today to the $11.58 Nov 18th low. Financials are leading down!!!
If FAZ keeps trading lower today, I will keep buying. I want to be fully loaded on margin when FAZ hits $11.75. If FAZ comes down that low today then it could mean mkt starts to crash overnight rather than tomorrow!
SC