johnpaulca
12,036 posts
msg #73394
- Ignore johnpaulca |
4/8/2009 2:57:07 PM
FAZ....yep, we did hit $18.50 and running.
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Radiomuse
288 posts
msg #73397
- Ignore Radiomuse
modified |
4/8/2009 6:04:38 PM
Hey guys - not much action for me today. Doing some home improvement and had to dismantle all my computer equipment. Will be pretty much out of commission tomorrow too.
EWZuber - I do only stick with the trend, don't try to call reversals. I'll check out your FAZ example - do you use that 15ma strategy with shorter time frames as well? I don't usually look at hourly, except maybe to look for longer term S/R.
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Radiomuse
288 posts
msg #73398
- Ignore Radiomuse |
4/8/2009 6:13:24 PM
Furious Thug - for the Direxions, I also like SRS and BGU/BGZ.
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FuriousThug
256 posts
msg #73400
- Ignore FuriousThug |
4/8/2009 7:57:40 PM
Thanks, guys.
I think SRS is Proshares and is only 2x. I have a Direxion prospectus but some of the fund tickers I can't find (e.g., China Bear/Bull 3x shares).
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EWZuber
1,373 posts
msg #73424
- Ignore EWZuber
modified |
4/9/2009 1:38:25 AM
Radiomuse, yes, check out CSUN, looks like it might be getting ready to bounce. Also possibly SOLR, SOLF, JASO, LDK.
I use this strategy in every time frame from 1 minute on up. Seems to work.
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johnpaulca
12,036 posts
msg #73426
- Ignore johnpaulca |
4/9/2009 8:48:50 AM
Zuber...Nice to see you back.
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Radiomuse
288 posts
msg #73428
- Ignore Radiomuse |
4/9/2009 9:41:50 AM
FT - you're right about SRS. I think the ADR on that one is so high I just assumed it was 3x! :)
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FuriousThug
256 posts
msg #73430
- Ignore FuriousThug |
4/9/2009 10:59:45 AM
From perusing the DIrexion site, it looks like they got rid of many of the 3x funds...there are still some 2.5x plus the ones that have already been mentioned.
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Radiomuse
288 posts
msg #73431
- Ignore Radiomuse |
4/9/2009 11:35:27 AM
Not much of a range, but FAZ coming off a triple-bottom intra-day, I'm gonna take a stab at a long above about 14.21
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Radiomuse
288 posts
msg #73432
- Ignore Radiomuse |
4/9/2009 12:02:52 PM
Check out how much ADR is drying up for FAZ. ADR(10) only 11% now, and last few days have been in single digits!
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