Recent content by scot.mcpherson

Forget about shorting IMO. Just buy the dips and sell the high's of each. They'll hedge each other, just remember to hold positions for only a day or 3 and you should be alright. They both go up and down, but if you split your money between them and get in when the price seems right, you even if...

Personally I'd like to see 3x weeklies first.

Also what happens is they may very well be performing well, the problem is they ALREADY DID IT, you can't do what they are doing because it's already history, you need to do what they are doing at the same time, which you can't if you are reading their newsletter. Find a bunch of friends that...

Interesting, the opposite could also be said. Stay at home Dad's and Mom's are the cream of the parenting crop, and those who dump their kids cause they have better things to do are the bottom of the barrel. Now please don't quote me out of context, because I am just posing the fact that the...

Something perhaps you can do is read the charts daily for setups, I don't mean short intraday setups, I mean setups that cover gains over a a whoel day or couple of days. Do this in the afternoon while the kids are napping. When you see something you think you like the setup of a trailing stop...

Looks like I got out of FAZ at the right time too, it continued to decline the rest of the afternoon. How did everyone else do this week? I am up 7.97% for the week.

ok I am out, I made my few hundred clams.

I don't know, but I think FAZ is goign to climb, I am hoping for a late afternoon selloff, but I think even if it doesn't so long as FAS doesn't start flying again that I am in a good position to hold over the weekend if things remain steady. I'd prefer to get a few hundred clams before the end...

Only because I believe he thinks we are tossing money to the wind. And although I can't speak for everyone else, I realize I am not capturing as much as I could, but I am still ahead and making progress. My wife and I were confident enough to more than double the account basis.

Stupid or not, I am learning, and I am still ahead while doing it:)

When are the employment numbers supposed to be released?

I can't believe that FAS is rebounding again....

My added deposit finally settled this morning (well last night after hours), and I bought some more FAZ this morning. I was in a meeting so I missed the 4.20 prices, but I bought some more at 4.36, brings my break even down to 4.42, which is nice. I think they call that Layering don't they, when...

what are the thoughts for today?

It all depended, but yep it looks like I am...though I am putting in a crazy sell order at $5, it's worth it if it gets picked up.