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FAZ 2012 Predictions and Questions


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  #1 (permalink)
vanhove
Charleston WV, United States
 
Posts: 1 since Jan 2012
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Hi guys,

I have joined this forum to ask a few questions regarding FAZ.

First, what does large inflows of an ETF, like FAZ has experienced in the last few days, mean for the stock price going up or down? Do large inflows mean it is going to go up or go down?

Secondly, Does anyone have any predictions for FAZ in 2012? I am currently debating whether to stay in or sell.

Thanks so much for any answers


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  #3 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
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Experience: Intermediate
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FAZ is a trading vehicle. FAZ is a 300% ETF and because it resets everynight and begins it's 300% venue each day; 300% ETFs like FAZ will eat you up and financially spit you out. My experience is that I made some money when I traded it. But when I held it as an investment, it destroyed me. I have no predictions for 2012 except that FAZ is being used as a hedge or gambling bet for the collapse of the EuroZone.


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Last Updated on January 24, 2012


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