johnpaulca 12,036 posts msg #71892 - Remove message |
3/2/2009 3:51:56 PM
Today feels more like capitulation (gut wrenching).
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johnpaulca 12,036 posts msg #71893 - Remove message |
3/2/2009 4:00:09 PM
FAZ...short @74.80...will hold overnight and sleep well (O:
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Eman93 4,750 posts msg #71895 - Remove message |
3/2/2009 7:02:20 PM
Good job John.... I hope the hold works out for you
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13th_floor 724 posts msg #71899 - Remove message |
3/2/2009 7:32:45 PM
the "dirty dozen " posted Saturday had 9 stocks down double digits.
MIC @ .79 down 39%
Karen,you ain't seen nothing yet and btw FAZ/FAS really are daytraders,not o/n holds imo...why risk it?
John,awesome trading on FAZ today...ahhh the addiction!
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Walid 130 posts msg #71900 - Remove message |
3/2/2009 8:11:26 PM
John, this FAZ gaps up like a rocket and down like a rock. I will call you crazy on this one but I am hoping it will work out for you. Best of luck
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johnpaulca 12,036 posts msg #71901 - Remove message |
3/2/2009 8:16:22 PM
Thanks guys and good luck tomorrow.
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karennma 8,057 posts msg #71902 - Remove message |
3/2/2009 8:22:29 PM
CONGRATS, John!
Afterhours quote on FAZ = 72.76 @ 8:00 PM.
You're already $2.00 in the money!!
$$
:>)
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johnpaulca 12,036 posts msg #71904 - Remove message |
3/2/2009 8:31:19 PM
Thanks karennma.
13th....do you trade ERY, it looks like the train has already left the station on this stock, I will look for a short position. Closed today at $58.70. How are you trading it?
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13th_floor 724 posts msg #71906 - Remove message |
3/3/2009 8:04:27 AM
"FAZ...short @74.80...will hold overnight and sleep well (O:"
Your overnight FAZ looks good right now,I'm seeing FAZ around 71 right now,if it stays there at open you have a nice profit!
Yesterday I traded ERY for the first time with only 100 shares at a time.
I went 4 for 4 getting near $1 each trade.
my broker has very few borrows on it so it looks like I'll have to go long on it which is really no problem...I'll wait for pullbacks intraday then try to catch it's uprun.
With it's range and fast moves I'm pretty sure I can handle it in the same fashion I do with FAZ SCO TZA the other 3x's bears.
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johnpaulca 12,036 posts msg #71909 - Remove message |
3/3/2009 9:15:24 AM
Thanks 13th...I will watch ERY today then perform a Vulcan mind meld on it...lol. The futures are pointing to a higher open, looks I might get lucky with my overnight hold....trade well.
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