350Z's Account

[JTH]

Hey JTH.

FAZ is currently at 38.5. Intervention is still in the air, so I'm just going to sitting on my hands. FAZ at 35 or lower would be tempting.

These are prices I wouldn't have imagined just 3 days ago when everyone was jumping in @ 65.00

I've already bought in twice and I'm a bit heavy on FAZ right now. I have nothing left to throw at it, as my cash is stuck in unsettled funds.

Good luck to anyone who is think about dipping in.

[Gumby]

These are prices I wouldn't have imagined just 3 days ago when everyone was jumping in @ 65.00

I remember looking last Friday and FAZ was over $111. I didn't look to see what the high for the day was...but it was more than $111.
We have had more than 50% retracement.

[350Z]

These are prices I wouldn't have imagined just 3 days ago when everyone was jumping in @ 65.00

I've already bought in twice and I'm a bit heavy on FAZ right now. I have nothing left to throw at it, as my cash is stuck in unsettled funds.

Good luck to anyone who is think about dipping in.

SPX has strong support 745 and at 740(20dma), we might just be seeing consolidation.

[350Z]

getting ready to buy FAZ

[350Z]

getting ready to buy FAZ

Bought FAZ at $39.88.

[etftalk]

Good luck Z. It's hard to believe it is that cheap.

[350Z]

Good luck Z. It's hard to believe it is that cheap.

Thanks Tom,

I'll add more if it gets to 35. I don't think it will come to that.

[350Z]

Here's how the German DAX finish. It's somewhat bearish but not as dramatic as would have liked. Most of Europe finish about the same way. The SPX on the other hand, finished above the 20dma as 740 in the futures held. Suggesting it could continue on Monday. The VIX is also on the side of the bears, suggesting the market made a top today. A lot of mix signals today.

dax.jpg

[350Z]

Tom,

The attachments are not showing up like they do at TSPTalk. Is this normal?

Here's how the German DAX finish. It's somewhat bearish but not as dramatic as would have liked. Most of Europe finish about the same way. The SPX on the other hand, finished above the 20dma as 740 in the futures held. Suggesting it could continue on Monday. The VIX is also on the side of the bears, suggesting the market made a top today. A lot of mix signals today.

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dax.png

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daxjpg.jpg

[350Z]

Bought FAZ at $39.88.

Thanks Tom,

I'll add more if it gets to 35. I don't think it will come to that.

Put on a limit order to buy more at 35. We are near the top. The Nikkei hit 7754(top of bollinger band) last night and gave back some gains.

Also shorted EUR/USD near 1.304.

Anybody here trade currencies? If not, I won't mention it anymore.

GL everybody.