FAS/FAZ for New Week 4/27

Yeah, jumping on NOW would be a little iffy.

This is a higher low on my midterm chart, but at this point, I'm not adding unless it goes through 9.20 strongly, retraces a little, and THEN goes up again cuz I'm still not too sure right here. I'd want VIX to be spiking up too.


It's starting to look like this last 2-3 day decline may just be a bull market pullback.
 
Quote from Haroki:

Yeah, jumping on NOW would be a little iffy.

This is a higher low on my midterm chart, but at this point, I'm not adding unless it goes through 9.20 strongly, retraces a little, and THEN goes up again cuz I'm still not too sure right here. I'd want VIX to be spiking up too.


It's starting to look like this last 2-3 day decline may just be a bull market pullback.
More...

I'm not sure it's pulled back enough here...but you may have a point. Anyways I'm short the futures here. We'll see how that works out
 
well I hopped on FAZ at 9.06, in profit zone already so I hope I got in at a good time, looks like the dow is going to cumble in the last half hour here.
 
Well closed at 9.27, and I am holding overnight.

Steve, my computer crashed while I was responding to you (and while I was holding FAZ and it was getting closer to my buy price...scary...Anyway, I'll respond to you tonight from home.
 
Maybe, but I am not holding that long. I'll be in and out of FAS and FAZ many times over the next few weeks. Hopefully I'll be on the right side of that pullback when it starts.
 
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