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Showing posts with label FAZ trade. Show all posts
Showing posts with label FAZ trade. Show all posts

Monday, March 16, 2009

Nice Reversal At The Close On FAZ


Strong volume to boot. Gonna swing those 300 shrs and i believe that i have an excellent cost basis so now let's see what happens tmrw. With this reversal, I ended up $900 on the day, after being down $800 in the morning. Keeping losses small while i found the 'sure fire trade' was the key today.

Friday, March 13, 2009

Volume In FAZ Is Very Strong


It's only 9:15 AM west coast time and volume in FAZ thus far is coming in very strong. We are already at almost 20 million shrs. Could be a record volume day come the close. I am still in it and it's working out quite well thus far. Moving my stop to 43.1 now. I really like my cost basis and hoping i don't get stoppe dout cause i really wanna swing into next week.

FAZ: Hollow Candle



Longed FAZ between 40.50 and 40.70. giving it a $3 stop.

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