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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: Connor26 who wrote (189198)	3/12/2009 12:21:25 PM
From: bumblin bob	Respond to of 208838

Not me. It's not that I'm bullish, that thing just moves too fast for me. I'm guessing that the bears are waiting at whatever the next resistance point is. 7200????? Of course they could be sharpening their nails now and waiting for an EOD fizzle.

To: Connor26 who wrote (189198)	3/12/2009 12:52:55 PM
From: blind-geezer	Read Replies (3) \| Respond to of 208838

does this answer your question ... Message 25481770 I am stuck, geez ...

To: Connor26 who wrote (189198)	3/12/2009 1:20:01 PM
From: juliare	Read Replies (2) \| Respond to 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.