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+1 There's no reason to think that FAS will see 12 again in the near future. While I agree that FAS "might" see 12, there's no guarantee of that, cuz it doesn't take into account the deacy factor. The longer this goes against him, the capability of it climbing back there gets less and...

Yep. Only a dumbass 20-something piece-of-shit can babble this incoherently. Thankfully, I was never THIS dumb.

That's what I thought too when I was in my 20's. When you're in your 40's, you'll realize you didn't know shit from shinola.

Damn skippy. I held FAZ cuz it was up good, and the long trend was up. And then I about crapped myself this morning when it came nearly down to my buy point. If I was smarter, I woulda sold eod yesterday, then rebought today. But most of the guys here don't have the account to day trade, so I...

Dunno. I don't make predictions, nor do I see much value in doing it. All I know is the trend is down, and so I'm in FAZ. It'll end when it ends.

Yeah. I went into FAZ yesterday when you asked the question about FAS, and I replied with a chart of FAS. I bought FAZ when it broke down through.

Depends on what happens on my mid term. On the longer term, it's mixed though. ES made a LL compared to Friday's ~11am low, but FAS made a HL.

I was thinking one more test of 940 either today or tomorrow, then a sell off. But today's action makes it look likr it may be over. Either way I'm ok. I have both FAS and FAZ calls, so either way should be good for me in the longer term. Shorter term/stock buys... I'm still waiting it...

C'mon, tell the truth. You're looking for a faster connection so you can dl your porn faster.

While this sounds correct, I'll say one thing and leave it at that. I don't know if the rally will continue, or if it'll be down 300pts on the DOW on Monday morning open. So..... I'll take the simpler route, ignore all the speculation, quit trying to call tops/bottoms, assume that the...

That would work for me. I have some FAS calls that would return 1000% (:D ) if that's right.

What right is that? Elain is illegitmate. His mom and dad divorced in May, 1991 and he was born in Dec, 1993. The biological father of an illegitmate son doesn't even have visitation rights in the US. It was that way ruled by the USSC in 1989. So it's a lie to say that the US respects the...

LOL. No I just like classical guitar music. Great background music when you're whipping up something in the kitchen. And not a keyboardist either. Not much of a musican period. I took a guitar class at my local JC, but at the start of the second semester I sliced my bird finger on the fret...

WTF? Nudist colonies there now doc?

I think even Direxion says that the true baseline is ZERO. You're over thinking this waaaay too much. Basically, what your statements boil down to is this: "We've been in a bull market so if you've been holding either of these, then it should have been FAS." Keep it simple...

Your assessment is a fair one about what's happening NOW. That's cuz I think recent events - bull market - is skewing your memory/opinions. If/once we get into a bear market again, you will be thinking that "FAS never gets back to its previous level if you hold long enough...." The...

Yeah, I got a HL on a long term chart om FAZ. TRIN's MA is going higher the last 2 days. Looks toppy now, especially as ES approaches yesterday's high. So, I bought FAZ calls AGAIN, at 15 cents AGAIN.

chart

FAZ hit a 2 day DT here today. I'm very neutral here now. I was of a mind earlier that it would just head up all day long, but FAZ hit that point and stalled. That's when I put in my sell order @ 30 cents. I'll be sitting on my hands for a while in the am, I suspect, while I wait for a...

Well, I put in an ask price of 30 cents and it hit just before this downturn. Good enough. No overnighterz for me with this news.