Radiomuse
288 posts
msg #72031
- Ignore Radiomuse |
3/5/2009 11:02:37 AM
Check out the megatrend on FAZ/FAS this morning - waiting for a good long entry point on FAS.
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Radiomuse
288 posts
msg #72033
- Ignore Radiomuse |
3/5/2009 11:19:17 AM
Wow, for about an hour it looked like volume was drying up - but look at the spike just now with FAS. Looks like a lot of bailing under $3.
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Radiomuse
288 posts
msg #72037
- Ignore Radiomuse
modified |
3/5/2009 12:16:22 PM
Well, guess the world must be ending. Then WTF, I'm still looking for a long entry on FAS. But I'm gonna wait for it to open above the lower BB it's been riding down all morning. Hmmm, what would JP do? WWJPD???
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Radiomuse
288 posts
msg #72038
- Ignore Radiomuse |
3/5/2009 12:28:29 PM
Long ERX at 18.00, not yet on FAS.
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johnpaulca
12,036 posts
msg #72039
- Ignore johnpaulca
modified |
3/5/2009 12:30:14 PM
just got back in the office...did I miss anything??? FAZ looks heavy on top...if it close below 96.50 ...short....oops if it opens below 96.50 go short
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Radiomuse
288 posts
msg #72040
- Ignore Radiomuse |
3/5/2009 12:32:07 PM
Just went long FAS at 2.95. Finally opened above the trigger BB (40, 1.04).
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Radiomuse
288 posts
msg #72041
- Ignore Radiomuse |
3/5/2009 12:37:36 PM
I was waiting for FAS to open above 2.91.
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johnpaulca
12,036 posts
msg #72042
- Ignore johnpaulca |
3/5/2009 12:39:40 PM
RADIO: keep your eye on TWM...whatever it does FAS will do the opposite.
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johnpaulca
12,036 posts
msg #72043
- Ignore johnpaulca |
3/5/2009 12:41:13 PM
notice how TWM is making a "rounded top" it's trying to get to support BB40
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Radiomuse
288 posts
msg #72044
- Ignore Radiomuse |
3/5/2009 12:43:17 PM
Yep, VIX seems to correlate (inversely) with it pretty well too. Entering the Booya and testing $3 now...
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