Financial stories are floating around in the small harbor of the little village I live in near the sea, somewhere lost in the fog of an Atlantic coast. Seagulls, fisherboats and the pub where we sing at night. To forget about the mess we made... Bankers, analysts, traders and others drifting around - all welcome home
Tuesday, 14 April 2009
FAZzzzzzz
Three weeks ago FAZ (the bearish leveraged financials ETF) was worth more than 100 USD. Now it'ss under 10 USD. Things can change fast these days. Let’s party with the crowd. And keep an eye on the huge volume. Taking profits or new short sales?
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