Faz $8.65 Srs $26.60

Discussion in 'ETFs' started by JRworldwide, Apr 17, 2009.

  1. Find a new broker.

    There should be no difference between these and any other stock, cuz you're not REALLY leveraged.

    Direxion leverages OUR money to give US 3x the normal volatility.
     
    #101     Apr 24, 2009
  2. WE'VE GOT IT...Now what? anyone still feel like old FAZ over the nice sunny weekend?
     
    #102     Apr 24, 2009

  3. I am still watching it fall, 7.95
     
    #103     Apr 24, 2009
  4. Me and you both. I will definitely be loading up if it ever gets a 6 handle.
     
    #104     Apr 24, 2009
  5. Dunno about FAZ.

    Vix was around unchanged, it's now going down.

    Same with TRIN.

    So I grabbed FAS around 8.20.

    Tiiiiiight stop. Will keep my eye on both of those and will bail out if it reverses near the end.
     
    #105     Apr 24, 2009
  6. There should be a reversal soon. It's near overbought
     
    #106     Apr 24, 2009
  7. Nastyy reversal. Don't know what acid the market tripped today
     
    #107     Apr 24, 2009
  8. I placed a market order for FAZ at blip of 7.97, executed at 8.01.

    I am FAZ long for the weekend., this is the 2nd highest high in the dow we've seen since march 6th. At least it's looking that way at the moment. So I think monday will look good for low priced FAZ holders.
     
    #108     Apr 24, 2009
  9. I second that notion. I just don't think I have the stomach for that thing over the weekend.
     
    #109     Apr 24, 2009
  10. the price is even better right now. When the DJIA hits these higher highs like this, the sell off is rather dramatic on monday.
     
    #110     Apr 24, 2009