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View Full Version : FAZ/FAS

umair1987
03-29-2009, 06:36 PM
Any thoughts about FAZ and FAS?
Gordo
03-29-2009, 07:09 PM
They are good vehicles to make/lose money. These two are pretty much all I trade.
Hondaboy
03-29-2009, 08:50 PM
They are good vehicles to make/lose money. These two are pretty much all I trade.

:dito:
buzzy
03-29-2009, 10:57 PM
Hi Everyone,
Great forum. Just found it. Been long financials and deciding what to do here in the near term.
What does everyone think about any mark to mark changes being announced? Do you think it will provide a bump (even if temporary) to the financial's or this run has had its course? I've been thinking about going to the short side of financial's after this fast run up, but worried they could hold these gains if any m2m news comes out. Thoughts?
umair1987
03-29-2009, 11:47 PM
I am thinking of getting some FAZ you think tomorrow will be a good time to buy ? or should I wait for couple of more days
Hondaboy
03-30-2009, 07:47 AM
Hi Everyone,
Great forum. Just found it. Been long financials and deciding what to do here in the near term.
What does everyone think about any mark to mark changes being announced? Do you think it will provide a bump (even if temporary) to the financial's or this run has had its course? I've been thinking about going to the short side of financial's after this fast run up, but worried they could hold these gains if any m2m news comes out. Thoughts?

I rided BAC, and FAS this month like a 35 cent hooker but right now I am 100% cash and not making a move until I see BAC hit either 8 bucks or 3.50.
Bolimomo
03-30-2009, 10:43 AM
I rided BAC, and FAS this month like a 35 cent hooker but right now I am 100% cash and not making a move until I see BAC hit either 8 bucks or 3.50.

You've waken me up with that statement.

35 cent hooker? Where???
Hondaboy
03-30-2009, 12:58 PM
You've waken me up with that statement.

35 cent hooker? Where???

:proud:

Hookers are getting hit hard by this money issue. Just offer the money and doubt they will turn you down.
ptp1600
03-30-2009, 09:02 PM
is anyone betting FAZ swinging up tomorrow? Or do you think it's going to get stopped by SMA 8 to SMA 13 resistance?
BentleyVTech
03-31-2009, 02:45 PM
Anyone riding this rocket today?!?

I was locked in at 5.50 yesterday...no stop...so I rode it down about 25% and held overnight :eek2:

Came back really strong today, should have averaged down at yesterdays close. Anyone playing this today? How are you planning to play the last hour?
buzzy
03-31-2009, 03:00 PM
I got into uyg yesterday and rode it down into the close. Nice rally today has me green but I still think it has more room to go. Afraid to switch to the short side before m2m news tomorrow.