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Old 01-21-2009, 01:12 PM   #1476
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na faz at these levels... i dunno man..
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Old 01-21-2009, 01:22 PM   #1477
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If FAS opens below 11, I am getting in, anything higher I have to sit

the pressure point is 12 right now, let's see if AAPL's earning beat is enough to light the candle
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Old 01-22-2009, 12:43 PM   #1478
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great day, 64.8 FAZ out at 68, then 7.8 FAS out at 9.5

I wet my pants twice
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Old 01-22-2009, 02:57 PM   #1479
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What you guys think about Citigroup? It was 8 last month, and now its back to 3.11, is it good time to buy again? Thanks
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Old 01-22-2009, 07:16 PM   #1480
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There is a reason why C and BAC is taking a beating

The headline on finance.yahoo.com said something about BAC already. C is going to be broken down, and put down like a sick dog.

imo anyways.
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Old 01-22-2009, 07:30 PM   #1481
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i dont know about C, but for BaC aslong as they dont get nationalized, they may survive
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Old 01-22-2009, 07:53 PM   #1482
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or worse, Nationalization on BAC

fingers crossed
who knows, anything can happen

BAC basically fucked themselves over from the Meril deal
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Old 01-22-2009, 08:05 PM   #1483
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BaC basically paid to take over 15 Billions of debt
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Old 01-23-2009, 10:54 AM   #1484
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FAS 8 - 8.5
FAS 8.7-9.12
FAZ 59 - stop @ 61

GOD this is better than sex
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Old 01-23-2009, 01:12 PM   #1485
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Nice trade wouwou.
How many shares do you buy?
I thought I got f'ed when I bought fas EOD yesterday at 8.38 and opened today at 7.40. Good thing I made my money back and then some.
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Old 01-23-2009, 01:26 PM   #1486
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dont ever hold 3x eft over night unless you are absolutely have to, in my opinion downed 15%+.

These etfs are so fucked, but I am getting better at reading them, especially FAS
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Old 01-23-2009, 02:35 PM   #1487
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Yes I only bought EOD because I was thinking we would gap up since we had a pretty strong recovery throughout the day.
Didn't know GE was going to shit the bed right before the market opened.
I usually never hold overnight...dunno what I was thinking lol.
I've been doing pretty good trading fas and faz so far.
Not putting too much money in though.
Just 30% each time...I find that I make better decisions when there is less money involved. Probably because of the risk and emotion.
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Old 01-23-2009, 03:05 PM   #1488
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Not putting too much money in though.
Just 30% each time...I find that I make better decisions when there is less money involved. Probably because of the risk and emotion.
Exactly what I am doing too

well, maybe 30% give or take, not exactly 30
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Old 01-27-2009, 12:30 PM   #1489
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40 billion CAD stimulus package presented by conservatives
its good to atleast be doing something than nothing at all i guess, lol
BoC analysts said that we dont really need the package because well get out of the recession in Q4 2009(rofl), better safe than sorry tho
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Old 01-27-2009, 01:24 PM   #1490
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fas here we come..
i know wfc is reporting tomorrow..jobless thursday GDP friday
but those host on cnbc r going off about this whole bad bank thing..
fas ah jumped about 10% hopefully we will get a nice bump tomorrow... n the rest of the week ha...!!
good luck all to year of the bull!!
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Old 01-27-2009, 01:42 PM   #1491
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I thought this is why FAS jumped?

http://finance.yahoo.com/news/A-Bad-...-14172601.html
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Old 01-27-2009, 01:44 PM   #1492
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ya thats what i meant...
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Old 01-27-2009, 01:45 PM   #1493
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so hows market treating u?
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Old 01-27-2009, 01:52 PM   #1494
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^^ what's your average position on FAS? I bought some today at 9.10. Let's hope we can rally more on WFC earnings!
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Old 01-27-2009, 01:58 PM   #1495
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^^my avg is 12 n change =/
but i got a shit load of shares more den 5k but less then 10k lol
got in too early was wut fukd me..hopefully we get a nice run up the next few days..

so scooby, wut does TA say about financials?
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Old 01-27-2009, 02:43 PM   #1496
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I am sitting on the side line the past 2 days, basically from Chinese new year related alcohol poisoning and I am a firm believer that if your head is humming, you should not buy anything :_

I think all TAs will tell you that financials is in the midst of a rebound from oversold, how long it will last depends on Obama, which is bad imo.
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Old 01-28-2009, 01:28 AM   #1497
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^^ yup totally agreed with not trading under the influence of booze...
not being able to make good judgement is wut kills us in the market with all these volitilaty

*sigh*
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Old 01-28-2009, 07:44 AM   #1498
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^If your average cost is 12, you might want to unload some today.

This rally is based on a hope for "one shot cure", which is not going to happen.
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Old 01-28-2009, 08:08 AM   #1499
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i probably willl
it feels like it might run out of gas.. might just wait till end of day to see how this chart looks like first...
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Old 01-28-2009, 08:16 AM   #1500
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haha post 1500!!!!!!!!
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