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FAS - FAZ : 3X ETF Russell 1K Financial Services Shares Bull - Bear

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Old Nov 2nd, 2009, 12:56 PM   #20361
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vix just hit 31.57 thats .02 from the friday high. will it be a double top or will it break through. if we break through i say it goes to 40.00 in the coming days
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Old Nov 3rd, 2009, 09:44 AM   #20362
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FAZ

I'm starting to see a simple close/open trend. Close down, open up, close up, open down. Been playing this with the volatility, not sure how much longer it will last, but it's making for easy mornings. :]



edit: better image with times
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Old Nov 3rd, 2009, 09:59 AM   #20363
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not taking a position in this yet... financials are mixed bag and USD is poppin a bit
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Old Nov 3rd, 2009, 02:21 PM   #20364
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Im thinking Faz is gonna uptrend maybe 30-40 range?
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Old Nov 3rd, 2009, 02:45 PM   #20365
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Quote:
Originally Posted by JayxxDM View Post
Im thinking Faz is gonna uptrend maybe 30-40 range?
if bernanke raises rates or hints at an early 2010 raise then i think 30s quite possible i will have my finger on the buy for calls when fed announcement comes out
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Old Nov 5th, 2009, 07:10 AM   #20366
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The FAS and FAZ charts aren't coming up on my TDA command center 2.0 this morning. Hopefully it's just a temporary hiccup.
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Old Nov 5th, 2009, 07:23 AM   #20367
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The FAS and FAZ charts aren't coming up on my TDA command center 2.0 this morning. Hopefully it's just a temporary hiccup.
try opening the tos/tda platform. every thing is working there.
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Old Nov 6th, 2009, 08:35 AM   #20368
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Wow, financials just dive bombed in premarket. FAS just dropped about $2.50 in the last 4 minutes. Was there some news that came out at 8:30?



NM, I see the unemployment numbers just came out.

Last edited by skwerl; Nov 6th, 2009 at 08:41 AM. Reason: added info
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Old Nov 6th, 2009, 10:24 AM   #20369
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grabbed faz calls a while ago on that rally and got stopped out right away, s&p wasnt done running yet. Financials are lagging this market i just see them breaking down but i dont want to fight this angry market
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Old Nov 6th, 2009, 03:00 PM   #20370
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die FAS die!
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