From: harv <harv5...@gmail.com>
Date: Sat, 4 Jul 2009 09:03:10 -0700 (PDT)
Local: Sat, Jul 4 2009 12:03 pm
Subject: Re: CNN Money Misrepresents CITI
FAZ is a leveraged ETF that losses value by the day because of the way
it was designed. On Jul 3, 11:30 pm, Xixh <xich...@gmail.com> wrote:
> Look at FAZ and you will get what I mean. From $100 above it came down
> and now it is just few dollars worth only. Sure, shorters can keep on > shorting but there will be a point when shorting will be risky. Sure > everyone can short, but there will be a day when shorting becomes very > risky. We don't know when but the fact that more than 1 billion shares > shorted and conversion is nowhere in sight and 2ndQ is approaching. So > you guess whether there's risk for them. Never be too sure . Sure the > situation looks favourable to shorters but I've seen situation where a > sudden turning point could change the game. It is just like a battle > and you thought you are winning and suddenly BOOM! Something happen > and it change the entire game. From winning, shorters became losers. > On Jul 4, 11:23 am, Xixh <xich...@gmail.com> wrote:
> > The worse is over. In March we faced a possibility of a financial
> > On Jul 4, 9:02 am, RP <randypa...@sbcglobal.net> wrote:
> > > Go to CNN money and check out the latest bank failures
> > > So now you should understand the level of deception that the
> > - Show quoted text - You must Sign in before you can post messages.
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