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Old 10-18-2011, 11:29 AM   #5678
Jermyzy
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Join Date: Mar 2003
Location: Richmond, BC
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Quote:
Originally Posted by AME_VIP View Post
Bought FAZ this morning after it went down about 8%. I am hoping it will turn around Wednesday.
Can somebody give me a quick summary how FAZ works? Basically if financial shares goes up, FAZ goes down and vice-versa? So basically buying FAZ you're banking (pun intended) that financial shares will go down? How does that make the price of the stock go up though?
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