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04-03-2009, 03:34 PM
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#1701 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
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Originally Posted by 1.7El_guy  got a friggin boner when i saw rimm up AH...sold in the morning. | nice... now watch for all the shorts come back and push the stock back down lol
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04-03-2009, 10:06 PM
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#1702 | | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
Thanked 656 Times in 326 Posts
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the boner is still going.... FUCK!
faz just went straight down to hell in freaken 4 days. i hate the market.
it seem like the market got a dose of viagara and the cancer symptoms (i.e. umployment rates today) are not stopping the green showing up.
FML
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04-04-2009, 10:22 AM
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#1703 | | I *heart* Revscene.net very Muchie
Join Date: May 2001 Location: Vancouver
Posts: 3,922
Thanked 304 Times in 155 Posts
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Good time to buy FAZ.
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04-04-2009, 06:03 PM
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#1704 | | I don't get it
Join Date: Mar 2003 Location: vancouver
Posts: 416
Thanked 22 Times in 5 Posts
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Originally Posted by Mancini Good time to buy FAZ. | there was a point where it was a good time to buy faz but honestly the decay with faz is so bad, i dont see it go up much even if fas is down big time.
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04-05-2009, 01:02 AM
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#1705 | | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
Thanked 656 Times in 326 Posts
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decay on FAS and FAZ is pretty scary. but big bullish or bearish swings can make you tons of $$$$$$$$$$$$
although it's unlikely that FAS and FAZ will ever go back to their highs.
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04-07-2009, 09:16 AM
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#1706 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
Posts: 8,290
Thanked 2,743 Times in 1,102 Posts
Failed 152 Times in 75 Posts
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crazy day traders. i favor growth investing myself, too much risk in day trading penny stocks and microcaps
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04-07-2009, 09:31 AM
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#1707 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
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I just switched my company RRSP with Standard Life from Equity to bonds
If I have time, I would get some FAZ too
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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04-08-2009, 06:50 PM
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#1708 | | Banned (ABWS)
Join Date: Nov 2005 Location: Vancouver
Posts: 256
Thanked 5 Times in 5 Posts
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fazzz all the way... at least for a week...
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04-08-2009, 09:57 PM
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#1709 | | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
Thanked 656 Times in 326 Posts
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a friend of mine just introduced HOU.to to me
CRUDE OIL BULL ETF x2!!!
what do you guys think? HOU.TO and HOD.TO
day trade stocks or keep for long term growth?
i plan to buy it in my TFSA and take advantage of 0 taxes. it's canadian too!
my plan is to buy now, and keep until end of August. It's likely that oil prices are going to double in the summer AGAIN
last year at this time, oil was $110. and jumped to $140 within 1.5-2 months.
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04-09-2009, 02:49 AM
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#1710 | | Banned (ABWS)
Join Date: Nov 2005 Location: Vancouver
Posts: 256
Thanked 5 Times in 5 Posts
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Oil will not go back to 150
at least not this year
but it would be a better holder den trying to day trade it
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04-09-2009, 05:51 AM
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#1711 | | Wunder? Wonder?? Wander???
Join Date: Jul 2002 Location: Vancouver
Posts: 223
Thanked 2 Times in 2 Posts
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| Quote:
Originally Posted by TRDood a friend of mine just introduced HOU.to to me
CRUDE OIL BULL ETF x2!!!
what do you guys think? HOU.TO and HOD.TO
day trade stocks or keep for long term growth?
i plan to buy it in my TFSA and take advantage of 0 taxes. it's canadian too!
my plan is to buy now, and keep until end of August. It's likely that oil prices are going to double in the summer AGAIN
last year at this time, oil was $110. and jumped to $140 within 1.5-2 months. | HOU.TO is based on future contracts as most of the the oil etfs. So you will be subject to contango if you hold for a long preriod of time. If you want good exposure to oil for the long term, screw the etfs and buy the oil sands companies such as SU.TO or COS.UN.TO
__________________
Boo
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04-09-2009, 05:59 AM
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#1712 | | I don't get it
Join Date: Mar 2003 Location: vancouver
Posts: 416
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ouch faz is very cheap now...bought into it at 14.30 ready for a little pullback before the market closes, most likely wont hold it over the weekend.
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04-09-2009, 07:22 AM
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#1713 | | I *heart* Revscene.net very Muchie
Join Date: Sep 2004 Location: Vancouver
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so who bought a reverse us bank inverse etf recently lol..
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04-09-2009, 12:05 PM
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#1714 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
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lol faz omg...
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04-09-2009, 12:10 PM
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#1715 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
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call me crazy... but i got about 1k shares of faz at the end. let's see what happens monday if this madness continues lol
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04-09-2009, 12:11 PM
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#1716 | | Captain Happy Bubble is my Homeboy
Join Date: Mar 2003 Location: vancity
Posts: 327
Thanked 12 Times in 8 Posts
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FAS up 40%! Wish I got in on it.
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04-09-2009, 12:11 PM
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#1717 | | RS controls my life!
Join Date: Feb 2008 Location: Vancouver
Posts: 735
Thanked 171 Times in 56 Posts
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Wow FAZ is down to 10.76  | |
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04-09-2009, 12:28 PM
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#1718 | | I don't get it
Join Date: Mar 2003 Location: vancouver
Posts: 416
Thanked 22 Times in 5 Posts
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Originally Posted by Carl Johnson call me crazy... but i got about 1k shares of faz at the end. let's see what happens monday if this madness continues lol | balls right there..my stop loss hit already so i need a break from faz.
Last edited by 1.7El_guy; 04-09-2009 at 12:36 PM.
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04-09-2009, 12:52 PM
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#1719 | | Wunder? Wonder?? Wander???
Join Date: Jul 2002 Location: Vancouver
Posts: 223
Thanked 2 Times in 2 Posts
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Definitely ballsy to hold any FAZ/FAS over the long weekend. Can really go either way. Especially with GS earnings on Tuesday, uptick rule changes on Wed, JPM earnings on Thursday. Even though the last hour was basically short running for the hills, I wouldn't put my money on having this rally go on the reversal..
__________________
Boo
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04-09-2009, 02:57 PM
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#1720 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
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normally i never hold these x3 ETFs over weekend or even overnight, but imo the rally at the end today was a bit overdone, it's gonna be interesting come monday with everyone back from holiday
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04-09-2009, 10:20 PM
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#1721 | | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
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today was a bad bad bad bad bad bad bad bad day
sigh.
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04-11-2009, 12:08 AM
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#1722 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
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yea no doubt
if faz goes below 10 i am outtie
aint gonna fight the market
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04-11-2009, 12:12 AM
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#1723 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
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in about a month time we basically went from irrationally pessimistic to irrationally exuberant thanks to FASB changing the mark to market so now all banks's P&L and balance sheet are strong as ever lol
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04-13-2009, 05:50 AM
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#1724 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
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aight sold all my pos this morning
GS earning is too much of a boner for the market
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04-13-2009, 06:57 AM
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#1725 | | I *heart* Revscene.net very Muchie
Join Date: Sep 2004 Location: Vancouver
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zzZZZzzzzz
wish the dow was positive  | |
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