Show-me Account Talk

Status
Not open for further replies.
After your post I decided to take the long shot in steps, $40 and $35. I may go lower beings we are getting a big sucker rally.
 
After your post I decided to take the long shot in steps, $40 and $35. I may go lower beings we are getting a big sucker rally.

We need to see the details of this "bad bank" plan. Being that the people in charge are mostly Wall st. whores, I would not be surprise if this plan turns out to be the ultimate looting of the American taxpayer plan. If that is the case, XLF would go to the moon.

If XLF breaks above the 50, who knows how low FAZ can go.
 
With futures down pretty good, it looks like SRS is going to open above 51. I moved my stop up to 49.50. I can see the market opening down only to rally and finish in the green. If that happens, it would mean that this sucker's rally is not finish. I'll eat my small lost and look for another entry at a lower price.

On the other hand, if this market chits the bed today, I'll let her ride.

Good luck to you too.
 
Sell limit 50 for my faz at 40.

Buy limit 9.80 and 9.70 for uco.

Sell limit 70 for my faz at 60.

Good luck.

Show-me,

Do you use trailing stops? I am thinking about putting in a 10% trailing stop on my FAZ that I bought at $39.60 and let it ride.
 
FAZ up 12% today. I'm jealous of you guys.:D

Got stopped out of FAZ @$42.60 and SRS @$51.06 early.
My TBT is up good today @~$47. I am going to just hold it. I think it will eventually go to $60 when the bond bubble deflates.
I've got a sale order on SDS @ $80.....probably won't fill....but you never know.:D
 
Got stopped out of FAZ @$42.60 and SRS @$51.06 early.
My TBT is up good today @~$47. I am going to just hold it. I think it will eventually go to $60 when the bond bubble deflates.
I've got a sale order on SDS @ $80.....probably won't fill....but you never know.:D

The close is the key. If S&P closes below yesterday's open, it's mega-bearish. I'll just let her ride and move up the stop.

Bond yields up big again today. Bond market calling Ben's bluff to buy treasuries. TNX looking very bullish.
 
I am using a straight stops and limits, got a limit a.m. for FAZ to sell at 50. It is sitting at 49.19 and I really don't care if it does not sell.
 
Show-me,

Do you use trailing stops? I am thinking about putting in a 10% trailing stop on my FAZ that I bought at $39.60 and let it ride.

If my a.m. order does not get filled I will use t.s., sound like we could get a run down.
 
Sell order not filled, I still own it and will look at the futures in the a.m. and make the call then. Trailing Stop might be in order here, to the moon!!!
 
If my a.m. order does not get filled I will use t.s., sound like we could get a run down.

I got stopped out early this morning....but still made a good profit. I didn't set the stop low enough.....:nuts:

Good luck tomorrow.:) I still have a bunch of SDS for sale......maybe tomorrow will be golden!
 
Status
Not open for further replies.
Back
Top