etftalk's Account

[etftalk]

Picking up some FAZ here @ $45.15

Just in case this support decides to give-way this afternoon. Dow currently 7950.

[XL-entLady]

Welcome - - to your world!

Lady

[etftalk]

I have been trying to be patient, waiting for a trade from Trader Fred, but I couldn't take it anymore.

[etftalk]

Originally Posted by etftalk

Picking up some FAZ here @ $45.15

Just sold FAZ @ 61.02

+35.1%

[XL-entLady]

Originally Posted by etftalk

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

[etftalk]

Originally Posted by XL-entLady

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

[XL-entLady]

Originally Posted by etftalk

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

[Gumby]

Originally Posted by etftalk

Just sold FAZ @ 61.02

+35.1%

Great Trade

[Show-me]

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!

[etftalk]

Bought UCO @ 5.95