FAZ

My last FAZ trade was a good one (after being stopped out on a previous trade), so I am sticking with what is working. This morning I reentered FAZ at 8.75 and so far we are looking good, currently up 5%.

After shaking off the lows at the open and heading higher, the market appears to be rolling over. This is a HUGE day in my mind, especially after the big down day on Monday. If the bulls do not buy this dip, as they have bought every other one the past few weeks, I think we are in for some more down side - possibly back to 800 on the S&P!