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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Radiomuse 288 posts msg #73433 - Ignore Radiomuse modified |
4/9/2009 1:14:01 PM
I was stopped out at about 14.12 - FAZ dropping like a rock now. Whoever was waiting for $9 might just get it.
Of course if I try shorting it today - that's just a guarantee it will go to $16! :)
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johnpaulca 12,036 posts msg #73438 - Ignore johnpaulca modified |
4/9/2009 3:31:37 PM
Here are some stocks that have made my weekly Booya buy list, use your favorite trigger on the daily and you can make $$$...enjoy.
V, TLM, APC, NXY, NAT
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Eman93 4,750 posts msg #73443 - Ignore Eman93 |
4/9/2009 8:50:00 PM
Thanks John
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