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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (5277)4/9/2009 8:45:09 AM
From: RockyBalboa  Respond to of 6370
 
With some luck the WFC stock ( now over $20) goes up 50% today or so. As expected, the short ETFs add fuel to the fire.



To: RockyBalboa who wrote (5277)4/13/2009 3:01:23 PM
From: RockyBalboa  Read Replies (2) | Respond to of 6370
 
FAZ / FAS

the last times they kissed, the departed from each other like rejected lovers.

Early November, FAS and FAZ briefly met each other at $50.
In January, after some wild swings, they met at $25.
Now they met at $10 (actually at 9.55).

Besides the value destruction for both FAS and FAZ... the (negative) energy when the pair meets is astonishing.