Went Long FAZ at 53.44. Good cost basis and now let's see what these markets wanna do. Not liking the bullish side now.
Followers
Wednesday, March 11, 2009
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2009
(543)
-
▼
March
(109)
- SPX Falling Wedge Still Holding
- George Soros: The Recession Could Last FOR EVER!
- Possible Falling Wedge Here
- FAZ Setting Up A Reversal
- THE MOST CLASSY THING I HAVE EVER SEEN
- The Art Of Trading Stocks/Index Alerts Service
- Stock Setups
- Roubini Says Stocks Will Drop as Banks Go ‘Belly Up’
- HERE IT IS! FINALLY! 10 DAY FREE TRIAL
- Updates/Breakouts/Breakdowns/Setups
- Trader Thoughts
- Nervous Bulls + Eager Bears
- LONG 4000 FEED at 2.10
- SHORT 400 OIH at 83.27
- LONG 500 DXD at 65.23
- Getting Ready For My Second Trader Interview With ...
- Futures Screaming Higher As Of Now
- Important Week
- Two Setups To Watch
- Medium Term Sell Signal On Indexes
- NR7/Inside Day
- SOLD FAZ 32. 83
- LONG 250 FAZ at 33.4
- 60 MIn Bull Flag on SPX
- The Art Of Trading Stocks/Index Email Alerts Service
- Seeing It Again
- Market Update
- The Art Of Trading Mentorship Program Update
- The Art Of Trading Stocks/Index Alerts Service
- Citi CandleStick
- The Art Of Trading Mentorship Program Update
- SOLD FAZ at 28.63
- LONG FAZ : Hollow candle
- MAjor Short Squeeze
- The Art Of Trading Mentorship Program
- Strong BUYS
- We Could Be Approaching A Major Top Very Soon
- Trading On FED Day..
- Market RALLY Facts
- BINGO! I SEE GREEN!
- Keep FAZ On The Watchlist
- A Market That Refuses To Drop Will ONLY Do One Oth...
- Rock The Vote!
- Don't be Too Eager To Short Here
- My FIRST Trade
- Scanning Thru Several Charts: One Major Problem Fo...
- Anxiety
- Got Lots To Do
- No Edge Here: We Could Be Setting Up A Flag
- OUT FAZ 43.17
- Looking Thru Many Other Blogs
- Nice Reversal At The Close On FAZ
- LONG FAZ: Swing Trade: 300 shrs at 36.48
- Out BAC 6.44
- Long BAC
- On Days Like Today
- BGZ Swing Trade
- Out FAZ: Small LOSS at 37.17
- FAZ: Hollow Candle Number Two
- Pre Market Futures Gapping Higher
- Your Tax Money At Work!!
- Scanning Thru Several Dozen Charts Tonight
- The More I Watch My Previous Post's Charts..
- DOJIs
- Stopped Out Of FAZ For a $2.98 Gain.
- Volume In FAZ Is Very Strong
- FAZ re-entering at 40.11
- Taking A Small $1 Loss on FAZ and Sitting Out For Now
- FAZ: Hollow Candle
- YOU MUST WATCH THIS VIDEO: Very Sobering Moment Fo...
- For Those Interested In PRIVATE COACHING
- FAZ Crashing To Strong Support Levels
- It's Crunch Time
- Pre Market Update
- The STOCK PICKING SERVICE I Want To Offer You PART...
- I Am NOT Impressed By Today's Candles
- How Can I Help?
- DOJI like Patterns On FAZ and SKF
- FAZ and SKF At Supports
- People Are Giddy Yet Stocks Are At Resistance Now
- GREAT ARTICLE ABOUT INTERVIEWING TIPS
- For The REAL Pizza Lovers: Pizza Napoletana
- An Example Of Why Inverse ETFs are Trading Vehicle...
- For What Its Worth
- One Hour To Go Before The Close
- ABX Bear Flag Update
- Citi Is Porfitable?? Who Knew??
- Learn From Your Mistakes By Alan Farley
- You Packin HEAT?
- Zero Reasons To Be Long
- CandleSticks Pointing To More Bleeding...
- SUCKER RALLY!!!
- Where's the FEAR?? Part 2: Charts and Analysis By ...
- Where's the FEAR?? Part 1: Charts and Analysis By ...
- ABX Setting Up A Bear Flag
- What Happened To The PPT??
- WOWZERS!!
- FAZ Breakout
- Jon Stuart's Daily Show Tears CNBC a New One!
- Preparing For Meltdown
-
▼
March
(109)
Cool Traders/Sites
- ART OF TRADING Premium Site
- Charting Trends blog
- Denarii
- Finance Trends bog
- It's Gold
- Keep Unread Blog
- LaserTrader
- momentum trader
- My Trader Interview
- Mystic Stocks
- NYC Trader
- Rant About It Blog
- stock rook goes pro
- Stock Virtual
- StockPursuit.com
- The Market Guardian
- thecrosshairstrader
- Todds Trade
- trader market blog
- Trader9999 blog
- Trading Momentum blog
- Trading With Average Jay
- Wall Street Warrior
9 comments:
thanks for the charts. FAZ looks like an inverse head/shoulder on the 5 min today.
Are long FAZ over-night or was for day-trade ?
hi SJ: i had 400 FAZ from 53.44 a and sold 250 shrs at 58.2 and i kept 150 for Over nite hold(ONH). dojis on indexes so we'll see if we get follow thru to the dwonside.
holding any 3x over-night is a risky play...good luck swing trading it..
thnx SJ.
I like this play. I sold my SKF puts this morning and noticed quite a bit of wkness in the fins today. I entered some QID but will look at maybe some in the money SKF calls/ FAZ if things look wobbly.
Conversely, SPY, XLF and UYG printed black reversal candles. They are extremely reliable at the end of an uptrend when short term overbought.
greenlander: i am with you 100%. it's as if you are reading my mind right now.
Surprising day today. I shouldve dumped right after the open but waited to midday to cover.
Still think tankage is possible but lots of resistance levels broken today.
yea. i got out of my FAZ long this AM in premrkt with a small gain and looks like that was a good idea. The bulls are controlling things now. need to respect their power here short term .
Post a Comment