Faz $8.65 Srs $26.60

Faztastic day for FAZ.

 

Excellent to say the least


Im holding both (overnight)

 

I'm also in overnight, but I will probably releverage (I'm currently 60% SRS, 40% FAZ) tomorrow, depending on which seems to be tracking the bigger loser.

Is any news of importance (unemployment data, etc) coming out tomorrow, or are we just in for a few more cooked books?

 

Faz in premarket up another +12%
and SRS 6%


this is +45% in 2 days for my FAZ I trade and im considering holding out for more before I start unloading.

The sentiment has changed and reality seems to be creeping in very hard.

we'll see what the day brings...might have to take a little off the table~

 

Changed course sold 40% of FAZ $12.60
Sold 60% of SRS $34.25

 

Yeah- I just got stopped out of both my positions. Might look for re-entry later.

 

Today might be a FAS day..

 

If FAZ can break out above 13.15 with strong volume I'll probably hop back in.

 

It looked to me the plunge prot team came in at the open and pop pop went GS WFC JPM as the regional banks tanking hard...

 

Exactly. Hated to see this happen, but you can't fight the market. I'm in FAS @ 6.70