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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (2195)4/7/2010 8:21:03 PM
From: sandeep  Respond to of 220818
 
Not necessarily. I have a stop at GZ's vertical close. He should get out of FAZ and buy one of cheif's speculative plays. That is about the only way he can make that back.



To: fred woodall who wrote (2195)4/7/2010 9:55:12 PM
From: giddy guru  Read Replies (2) | Respond to of 220818
 
FAZ 3x. and SDS 2x inverse etfs are adjusted on a daily basis. In the long run both long and inverse etfs lose. For example look at DIG/DUG last year. Both were red. Unlike stocks these etfs decay faster.

Besides one should have a stop at some tolerable level like 10 or 20 percent
Worst for traders is losing the capital



To: fred woodall who wrote (2195)4/7/2010 10:20:02 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220818
 
SHORT AT 1178.00... the evening session is already below the sell point for tomorrow, so I had to reinstate the short... lots of trading going nowhere, but it should work...

GZ