AMEX:FAZ   DIREXION FINANCIAL BEAR 3X SHARES
29 2 2
with the current state of the financial system, Deutsche bank especially... I feel there should be a spike soon
It appears you've bought at the very bottom of FAZ, as the correction in stocks continues, the upward movement in FAZ should be accentuated. And of course if the correction continues and they start saying bad stuff about banks in the news , that will be even more steep.

One should not rule out very short time correction and then accumulation in stocks as well.

bought FAZ at 31.15

Interesting times ahead!
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dmartin22 Mitasse
couldn't agree more! the 14 billion dollar fine handed to DB on Friday will certainly add to their troubles. It was around $31.50 when I bought my calls.

it should be an interesting fall!
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