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    FAS/FAZ for New Week 4/27

    I don't use other financial indexes to corroberate FAS/FAZ, I use the Dow, S&P, and NASDAQ Composite. Those three look like up, and for the last hour and a half, all the Lows have been high lows and the highs mostly Higher Highs. Although the financials can diverge for a while, the market...
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    FAS/FAZ for New Week 4/27

    ya I got in a while ago on FAS at 7.99, i'll bail if things look even slightly bad and loose $25 maybe, but otherwise I am hoping for a market rally the 2nd half of today and get out at the end of the day and position for the weekend (whatever that ends up being).
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    FAS/FAZ for New Week 4/27

    If you look at the longer term chart from march 6th to today, the price of less than 8 for FAS looks like a good multiday day price. Might dip further today or monday perhaps, but for a longer hold I think below 8 looks like maybe a good bet.
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    FAS/FAZ for New Week 4/27

    We have semetrical triangle developing on both FAS and FAZ, its going to break one way ot another here soon.
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    FAS/FAZ for New Week 4/27

    I will probably make my decision about today later in the afternoon about which positino to take, if the market climbs today and holds above the previous close, I will go all in on FAZ for a weekend hold. If the market hold at or below previous close, I will probably stay out of the market all...
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    FAS/FAZ for New Week 4/27

    Well I got out of faz at the wrong time yesterday, and I am afraid to get in the market right now cause it's "in the middle" and could go either way since, yes the trend appears down, but its also Friday, and the market "tend" to grow through friday, and we haven't gone all the way down either...
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    FAS/FAZ for New Week 4/27

    Well I should have stuck by my guns as I keep telling myself, I could half left FAZ at a profit if I held out for this morning. I always seem to have a good idea where the market is headed, but then I continue to second guess myself.
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    FAS/FAZ for New Week 4/27

    if your trading platform doesn't, but you still want to see the play on a stock, check out google finance. It shows the AH market as an option.
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    FAS/FAZ for New Week 4/27

    I got out at 8.17, waited for the last minute, but the ups and downs were a good 20 cents, so I took it on the high of the 20 cents bounces, though it looks like I shoulda waited I am looking at 8.24 now.... lol I am going to watch the AH market closely and the morning bell closely too. I...
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    FAS/FAZ for New Week 4/27

    Too early to say whose holding faz, I'll let you know at 4pm :) I am holding it now, but we'll see what happens in the last 45 minutes of the game.
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    FAS/FAZ for New Week 4/27

    This is what I think is going to happen....DOn't know whether I am right or wrong, but this is what I think The market is going to close near its previous close, whether higher or lower, tomorrow the market is going to drop to close and the weekend is going to show a huge gap down on the DOW...
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    FAS/FAZ for New Week 4/27

    Looks liek the market is worming its way back up.
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    FAS/FAZ for New Week 4/27

    either way, break even price for me is around .09 gain a share for this position, so unless the price falls MORE than .10, the price isn't any better it's actually worse. I need a gain of .10 just to make literally 1 or 2 dollars, after that each penny is worth more, but still unless I make .25...
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    FAS/FAZ for New Week 4/27

    ok so its gone up to 8.10 now, should I get out and see which way its going and maybe get a better price or should I hold and expect it to continue gaining ground? Decisions decisions.
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    FAS/FAZ for New Week 4/27

    the tough part is, once you are alreayd down here, you are already holding it at that low price, its just like getting in at any position, you don't know whether its good or bad until it moves. If I look at it like. Hey I have FAZ long 7.75 at this very moment, then things aren't so bad, so that...
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    FAS/FAZ for New Week 4/27

    Well I am still stuck with 8.47 FAZ long. I still think the position is ok, I didn't expect the market to go up as high as it did, but I think it will go down enough for me to at least break even, which would be the same as me closing my position, and opening a new position to make the money...
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    FAS/FAZ for New Week 4/27

    Well yes, I have 1 day trade right now, and would like to hold onto it unless I need an exit hatch from a bad position. Oh what I would do for an angel investor/lender right now. I just need $25k for 90 days to let me build my own basis, i'd be able and willing to return $30k at the end...
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    FAS/FAZ for New Week 4/27

    Well nice returns for your overnight hold. I could've closed my position, but I suspected a gap up on faz, but because of the late drop in price, I was wrong. I could have closed my position but I would have been out of hte market until next Monday if I had.
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    FAS/FAZ for New Week 4/27

    Sorry...I re-read that and its a bit more than I wanted to say....I just meant I think we still have great prices.
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    FAS/FAZ for New Week 4/27

    Why the hell would you stop? We are still at the top of a market. This isn't the same as buying when the market is low, and it could potnetially go lower...At the top of the market people start selling and driving the price down, that's awesome....don't stop unless you think you can get in at a...
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