got in this morning at 5.60, anyone playing this? I do not see any good news coming up next week, any thoughts on FAS or FAZ?
Posted: 5/15/2009 5:24:24 PM EDT
[#1]
Should be a good play.....I'll be getting in on Monday.
Posted: 5/18/2009 11:35:04 PM EDT
[#2]
Faz is playing with fire. You do it right then good for you. If that trade goes against you then watch out. The triple ETFs can move...big beta there.
Posted: 5/19/2009 6:23:07 AM EDT
[#3]
You aint kiddin. I don't have much in it, just some play money. Not staying in long.
Posted: 5/19/2009 6:53:49 AM EDT
[#4]
You need a strong stomach and a plan to stay in FAZ.
I got in two weeks ago at 5.78 and sold a week later at 6.02, but I had to watch it set the 52 week low at 4.43 while I was holding it. I bought some more this morning at open at 4.83, we'll see what happens.
Posted: 5/19/2009 12:18:41 PM EDT
[#5]
Ended up at 5.07 today, not bad. I'll hold for now and see what happens tomorrow.
