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Honest, perhaps?

or..... The end of day pullback is all you're gona get. I've noticed that FAS/FAZ both have the same characteristic. On just about any day - maybe 80% - if they finish strong, the following day they open down. And if they finish weak, the next day they open up. There's no way to know.

I'm not too sure about that FAZ bet though. We've seen 2 days of HH, HL, and today had about 20% higher volume than yesterday..... and while this means NOTHING about what's gonna happen on Monday, I'd be unwilling to go against the present trend. If there was a lower high, I'd say ok then...

Yup. Had a stop at 8.60. Lean and clean for the weekend. Have fun guys.

Dunno about FAZ. Vix was around unchanged, it's now going down. Same with TRIN. So I grabbed FAS around 8.20. Tiiiiiight stop. Will keep my eye on both of those and will bail out if it reverses near the end.

Find a new broker. There should be no difference between these and any other stock, cuz you're not REALLY leveraged. Direxion leverages OUR money to give US 3x the normal volatility.

Nice bar there on FAZ. Up.40 down .70 up .40 down.20 $1.90 range in 5 minutes. That's 200% of its price. ROFL. :D ETA: Oops again. 20% (BM effects)

Yeah, they're great for the day trader. FAS/FAZ are the only ones I even bother with. Incredible volatility. Heck, it's even good for someone with < $25k in their account and can't day trade. It's fairly easy to find 2% moves just about any day you choose to watch. So if you averaged...

Insanity in FAZ. Powered down to 8.10, then rallied to 8.50 (4.5%) in something like 6 minutes. BM & BL is looking good right now. (Bloody Mary and Barca Lounger)

Yeah, these midday low volume periods are a killer. No real direction. Just range bound. If you can day trade, it's ok, cuz FAS and FAZ make 4-6% moves through all this garbage, but I prefer to not do that. I like the way you're doing options though to get around the PDT rule. I should...

Sure thing, troll.

This is true. And since troofers have only half a brain, and the other half of their skulls is dogshit......

Not even close. Go back to ATS you fucking weirdo. http://forums.randi.org/showthread.php?t=140017

My strategy is leaning towards a Bloody Mary.....

Jesus, what choppy action today. I sold FAZ this am after it went positive a little and made .10 on the day. Overall the trade was up 6%. I've been waiting all day to which way it's gonna head. i suspect that the last 1 1/2 hrs is gonna be a rocket ride. Or not. Financials have been...

And this confirms it.

Hey look! The troll learned something after all!!! He learned how a real active trader actually trades, so now he can spin his fairy tales about who and what he is to create an even more complex fantasy. Congratulations fool. Just keep at it and you can rise the ranks of trolldom and...

So it looks like Port finally got his break down. The point being, his initial buy of TZA was 34.40, so he's still down. The lesson here is that if you're an active trader, this is the wrong way to play it. If he could have been more nimble, and quit holding to prove he's right, he still...

LOL. This went nowhere. Made .10... :D

Not yet. Do you actually trust politicans?