3309 Drysdale Ct
Edwardsville, IL 62025
The possibility of a reversal may be good for FAZ based on vol., since on 5/08 it closed at $4.49 on vol. of 426 mil., and today it closed at $4.49 on vol. of 308 million.
Yes, and another strange thing about FAZ is that it had a 12, 26, 9 MACD cross way back in mid-April and a 50% decline since then!!
I guess we just watch xlf and go from there...
MACDs tend to act poorly in 3x and 2x funds, it is not reliable.
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FAZ Volume
Posted by curtis on 1st of Jun 2009 at 04:43 pm
The possibility of a reversal may be good for FAZ based on vol., since on 5/08 it closed at $4.49 on vol. of 426 mil., and today it closed at $4.49 on vol. of 308 million.
FAZ
Posted by burkmere on 1st of Jun 2009 at 04:49 pm
Yes, and another strange thing about FAZ is that it had a 12, 26, 9 MACD cross way back in mid-April and a 50% decline since then!!
I guess we just watch xlf and go from there...
MACDs tend to act poorly
Posted by hornsant on 1st of Jun 2009 at 05:10 pm
MACDs tend to act poorly in 3x and 2x funds, it is not reliable.