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Post by birthmark on Mar 15, 2012 14:49:21 GMT -5
at 21.23
Hold for a few days next week.
Fingers crossed.
GL
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Post by maxi on Mar 15, 2012 14:53:41 GMT -5
Please double down on your SQNM!  Seriously tho you always seem to come out smellin' like a rose..... I am sooo tempted to buy TZA but I would just choke if I was wrong.... |
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Post by birthmark on Mar 15, 2012 14:58:32 GMT -5
Bless your heart Maxi.
I am tempted to add to SQNM but I've got enough.
(I'm still underwater on it but I'm just gonna hold that LT)
Not gonna hold long on the FAZ.
We're bound to pullback some, right? Right? Oh for the love of God, please?!?!
We shall see next week.
GL to you Maxie.
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Post by birthmark on Mar 20, 2012 11:00:44 GMT -5
Added to FAZ at 20.50 today.
Average 20.87 ish.
Waiting and watching. (and praying)
Will sell by end of week no matter what (hopefully for profit!)
GL
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bjxxxx
Commodities Trader
Posts: 135
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Post by bjxxxx on Mar 20, 2012 11:23:56 GMT -5
Just thinking about shorting FAS -- wondering wtf are the financials rallying on when their trading profits are way down, that was their main profit center -- especially GS -- and they're laying off. What am I missing here?
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Post by Clinton SPX on Mar 20, 2012 11:56:01 GMT -5
I get the feeling the hand is forcing everyone out of bonds and PMs and commods
so whats that leave
FINS!! as much as I hate them it seems the fix is in
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Post by birthmark on Mar 20, 2012 12:16:49 GMT -5
While I agree somewhat Clint, I do not trust that this push of fins is unsustainable and unrealistic and that's what I'm betting on. They get everyone all comfy and pacified and then BAM! Will be interesting to see how the rest of the week plays out. I plan to be out of FAZ by Friday closing. GL PS-- I still don't see how the banks will make $$ going forward aside from the new fees they'll be passing out?  ?? |
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bjxxxx
Commodities Trader
Posts: 135
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Post by bjxxxx on Mar 20, 2012 12:38:26 GMT -5
Near as I can tell, the FINS still make money the old fashioned way -- borrrowing short and investing long. So Ben's TWIST -- big surprise -- was customed made for them. Still, they are awfully high for losing so much from their trading business and no end to the housing depression in sight. Imagine where housing would be if interest rates rose.
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Post by birthmark on Mar 28, 2012 11:02:19 GMT -5
Still holding.
Even right now.
Feel more weakness ahead.
GL
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Post by birthmark on Apr 9, 2012 20:41:15 GMT -5
Still holding FAZ. (can't believe I held it this long)
but I see more weakness here.
Probably will be out by end of week.
GL
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Post by novice08 on Apr 9, 2012 20:53:34 GMT -5
Man, you only have 124 karma? Exalt to Mark!
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Post by dino on Apr 9, 2012 21:15:00 GMT -5
Added to FAZ at 20.50 today. Average 20.87 ish. Waiting and watching. (and praying) Will sell by end of week no matter what (hopefully for profit!) GL Hey! Whatever happened to "no matter what"!!!!!! lol... |
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Post by novice08 on Apr 9, 2012 21:35:37 GMT -5
Morgue earnings first thing Friday the 13th. That CANNOT be a coincidence. They love that kinda stuff, eh Roth?
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Post by birthmark on Apr 9, 2012 21:42:51 GMT -5
Added to FAZ at 20.50 today. Average 20.87 ish. Waiting and watching. (and praying) Will sell by end of week no matter what (hopefully for profit!) GL Hey! Whatever happened to "no matter what"!!!!!! lol... LOL Dino. I know, I know, I'm trying to work on my patience these days. As well as sticking with a game plan. I'm failing miserably!! Had a taget of 23. 75 in my mind. We'll see if I get it. GL PS-- Thanks Novice. PPS-- THis was an experiment I'm trying about holding these ETF a little longer than usual. We'll see if it bites me in the ass. GL |
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Post by tendermyshares on Apr 9, 2012 21:48:40 GMT -5
I'm experimenting with longer trading timeframes by choice, prior to initiating the trades, and it's both a relief not to have to worry if the dollar index is up or down 2 ticks, and, at times, a tremendous bore. Hopefully my account won't be bored when it's over, in more ways than one. Wait, I mean gored. Better bored than gored, that's what I always say.
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Post by birthmark on Apr 9, 2012 21:54:30 GMT -5
Yes Tender.
Better to be bored.
Here's hoping no blood will be spilt and no animals harmed in this experiment.
GL
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Post by jack on Apr 9, 2012 22:14:34 GMT -5
Man, you only have 124 karma? Exalt to Mark! Agree! And here's another one to Mark!  |
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Post by tendermyshares on Apr 9, 2012 22:33:28 GMT -5
Jack, you just reached 700! But you look much younger. Man, you only have 124 karma? Exalt to Mark! Agree! And here's another one to Mark! |
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Post by birthmark on Apr 10, 2012 14:13:10 GMT -5
Took half off here at 23.65.
;D
Letting the other 500 ride.
I'm not sold on a big bounce here.
GL
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Post by maxi on Apr 10, 2012 14:18:53 GMT -5
At this rate and with the sentiment I am seeing I would not be surprised if they erased every dime of the run from december forward. Approximately 1270..... Ooops which coinkadinkly is the 200DMA!
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Post by birthmark on Apr 10, 2012 14:21:17 GMT -5
I see more weakness too Maxie.
Just wanted to take some off the table for a gain.
Being greedy has killed me in the past.
(check SQNM for proof of that)
GL
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Post by maxi on Apr 10, 2012 14:23:20 GMT -5
I see more weakness too Maxie. Just wanted to take some off the table for a gain. Being greedy has killed me in the past. (check SQNM for proof of that) GL SQNM That is not a ticker any more! I wrote to the company and suggested they change their name so maybe anyone would buy our favorite POS! |
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