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  #1  
Old 02-11-2009, 07:09 PM
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Picking up some FAZ here @ $45.15

Just in case this support decides to give-way this afternoon. Dow currently 7950.
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Old 02-11-2009, 07:23 PM
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Default Re: etftalk's Account

Welcome - - to your world!

Lady
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Old 02-11-2009, 07:52 PM
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I have been trying to be patient, waiting for a trade from Trader Fred, but I couldn't take it anymore.
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Old 02-17-2009, 07:58 PM
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Picking up some FAZ here @ $45.15
Just sold FAZ @ 61.02

+35.1%
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Old 02-17-2009, 08:21 PM
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Quote:
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Just sold FAZ @ 61.02

+35.1%
Wow, congratulations!

I was going to buy FAZ and GLD first thing this morning but our area had a power outage that lasted for about 4 hours today and by the time I could have executed the trades the window was gone. Pits!

But one thing about this market - - there will be other chances to bet that things will get worse.

Lady
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Old 02-17-2009, 08:34 PM
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But one thing about this market - - there will be other chances to bet that things will get worse.
Thanks Lady. There is a big old gap in the S&P. I can see the market dropping another day or two, but that gap near the wedge break may be a target for any relief rally later in the week.

Friday's low 825 | Today's high 818

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Old 02-17-2009, 08:54 PM
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Thanks Lady. There is a big old gap in the S&P. I can see the market dropping another day or two, but that gap near the wedge break may be a target for any relief rally later in the week.

Friday's low 825 | Today's high 818

I agree. I'm planning to buy SSO tomorrow if the price is right but I'll not plan to hold it for long.

Lady
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Old 02-17-2009, 09:09 PM
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Just sold FAZ @ 61.02

+35.1%
Great Trade
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Old 02-18-2009, 11:18 AM
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Default Re: etftalk's Account

That was a great entry point, I jumped the gun and got in at 60. I'm thinking of dumping it and waiting for a better set up.

Nice job Tom!
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Old 02-18-2009, 02:39 PM
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Bought UCO @ 5.95
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