Yea I'm liking the price action. There's virtually no bid for the market, but we'll see how we plays it into the close. I wouldn't hold FAZ overnight tho.....the market likes to test the top just as much as it likes testing bottoms. I also don't see any bad news on the horizon for an excuse to sell.
Hey guys, In the interest of disclosure I sold out. Made some nice coin. I think the inverse funds will do well again tomorrow, but it was debatable about waiting around, so I bolted. Hope ya'll made money. SM
Yeah, this is the great thing about the 3x'ers. 4-6%ers are available just about any day you look at it.
I got out at 8.17, waited for the last minute, but the ups and downs were a good 20 cents, so I took it on the high of the 20 cents bounces, though it looks like I shoulda waited I am looking at 8.24 now.... lol I am going to watch the AH market closely and the morning bell closely too. I think this is going to gap up
Amen! FAZ closed green, SP500 closed red; So far it looks good. So I'm holding it overnight. Sadly my trading platform does not support extended hours :-(
if your trading platform doesn't, but you still want to see the play on a stock, check out google finance. It shows the AH market as an option.
Yeah, I do a quick scan for extended hours activities in the morning on Google finance. FAZ/FAS play is lot easier if you have extended hour access. Guess I'm going to close my existing Sogo account and move to IB.