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Strategies & Market Trends : Guidance and Visibility
AAPL 257.27-0.8%9:39 AM EST

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To: Connor26 who wrote (189198)3/12/2009 1:20:01 PM
From: juliare  Read Replies (2) of 208838
 
Connor, I bought a little FAZ at 49.90...but I always buy a very small position (per Lexi's advice) and build on it (small additions) if it continues down. The bright spot in FAZ is that when it turns it goes quickly. So far I've had good luck doing this with both FAZ and FAS.

Of course, I tend to leave a lot on the table...like buying a very small position that turned out to be well-timed, so the profit is small and I wish I'd bought more. Or like picking up FAS last week at 2.61...I added again at 2.50 and 2.40, chewed my fingernails when it turned, then sold yesterday at 4.20....and look at it today, geez.
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