Are you going "all in" on the FAZ?

Discussion in 'Stocks' started by Port1385, Dec 9, 2008.

  1. long FAZ $38
     
    #11     Dec 11, 2008
  2. Norlan

    Norlan

    Which broker allows you to trade FAZ after market? Scottrade restricts me from trading this after 4pm EST
     
    #12     Dec 11, 2008
  3. I dunno, but most brokers place strict limitations on the 3x ETFs due to high volatility. Some wont let you use margin with these things either.
     
    #13     Dec 11, 2008
  4. Norlan

    Norlan

    so what are some possible brokers that you can trade 3X?
     
    #14     Dec 11, 2008
  5. You have to change your mind very quickly or go broke in this day and age....

    Now lets all grab a bit of the FAZ and like it!!!

    [​IMG]

    [​IMG]
     
    #15     Dec 11, 2008
  6. S2007S

    S2007S

    anyone long faz in the 30's got a deal.

    i think short term we could see
    $75. One of my positions is finally in the green after the close of tonight.
     
    #16     Dec 11, 2008
  7. I think the FAZ is going to reach its all-time highs very soon. The news out of BAC and JPM is simply horrible. We could see the FAZ in the triple digits soon.

    Right now the FAZ is a great value play and it could triple overnight.
     
    #17     Dec 11, 2008
  8. Well I dont know about triple overnight considering it's (almost)at $50 now but there is a strong possibility for triple digits down the road here.

    Im long
     
    #18     Dec 11, 2008
  9. Whoops...just saw FAZ is up another 8% in AH to $53 :D
     
    #19     Dec 11, 2008
  10. That thing is going to double in the next few days. Once the news hits of GM going under that will tank all of the financials to fantastic new lows.
     
    #20     Dec 12, 2008