| |
| Member Journals & Experiments Our Stock Market Cats members share their experiences and reports from experiements with other Stock Market Cats members |
 | | 
03-17-2009, 12:14 AM
|  | Once you go options you never go back! | | Join Date: Sep 2008 Location: Michigan
Posts: 983
| |  Re: Evil Trading
Article on ETF's. Check out the last chart (Leveraged ETFs with biggest declines YTD) Bespoke Investment Group: Leveraged ETF Performance
Last edited by thegreatgate; 03-17-2009 at 12:16 AM.
|
03-17-2009, 07:38 AM
|  | Sept Poster of the Month | | Join Date: Jul 2007 Location: Sheppard and Enoch Pratt Hospital, Adult Crisis Stabilization Unit, Baltimore, MD
Posts: 853
| | Re: Evil Trading
Quote:
Originally Posted by thegreatgate  | If you want average results listen to the averages. 
Now, add up the gains for each run FAS and FAZ did and multiply that by .5. What do you get? Thats being right only half the time. These are better swing traded or day traded. At these levels with FAS I do think holding longer term will not hurt anyone.
The chart says down so FAZ is the vehicle. The market is only up a little premarket so I think today will be down by the end. We shall see. I am usually wrong more then I am right. FAZ had a lot of down volume EOD.
|
03-18-2009, 11:16 AM
| | Once you go options you never go back! | | Join Date: Sep 2008 Location: Michigan
Posts: 983
| | Re: Evil Trading
Nothing like having the Dow off by 85 points and FAS up by 6%.
Current PPS: $5.95
|
03-18-2009, 06:40 PM
| | Sept Poster of the Month | | Join Date: Jul 2007 Location: Sheppard and Enoch Pratt Hospital, Adult Crisis Stabilization Unit, Baltimore, MD
Posts: 853
| | Re: Evil Trading
I am kicking myself in the as@ for thinking it was going down. The 60 min chart looked good for going south. Unfortunately that was the only one, everything else pointed up.
|
03-19-2009, 07:00 AM
| | Sept Poster of the Month | | Join Date: Jul 2007 Location: Sheppard and Enoch Pratt Hospital, Adult Crisis Stabilization Unit, Baltimore, MD
Posts: 853
| | Re: Evil Trading
|
03-19-2009, 07:56 PM
| | Sept Poster of the Month | | Join Date: Jul 2007 Location: Sheppard and Enoch Pratt Hospital, Adult Crisis Stabilization Unit, Baltimore, MD
Posts: 853
| | Re: Evil Trading
Here is the confusing part.
On the daily, this looks like this is going up. 
By Evil_Eye_21201
On the 60 min. it looks like it's going down. 
By Evil_Eye_21201
A trend with in a trend.  |
03-19-2009, 09:10 PM
| | Sept Poster of the Month | | Join Date: Jul 2007 Location: Sheppard and Enoch Pratt Hospital, Adult Crisis Stabilization Unit, Baltimore, MD
Posts: 853
| | Re: Evil Trading
|
03-20-2009, 07:12 AM
| | Sept Poster of the Month | | Join Date: Jul 2007 Location: Sheppard and Enoch Pratt Hospital, Adult Crisis Stabilization Unit, Baltimore, MD
Posts: 853
| | Re: Evil Trading
Banks are down in Europe this morning.
|
03-20-2009, 09:20 AM
| | Once you go options you never go back! | | Join Date: Sep 2008 Location: Michigan
Posts: 983
| | Re: Evil Trading
That is some impressive pre-market volume: Quote: Triple Leveraged ETFs
We know there has been no shortage of commentary written about the issues surrounding leveraged ETFs, but today's premarket trading in the Financial sector triple leveraged ETFs from Direxion had us scratching our heads. As shown below, the triple leveraged bullish ETF (FAS) is trading up 4 cents or 0.70%. At the same time, the triple leveraged bearish ETF (FAZ) is trading up 1.41%. Both ETFs are based on the same index, except that one is supposed to track the index while the other tracks the inverse of the index. We realize that trading can be volatile in the pre-market, but FAS has already traded over 2 million shares and FAZ has traded over 400K shares, so it's hard to blame this anomaly on illiquidity. | At 9:20am FAS has 3 million 70K trades and FAZ has 461,000 trades
|
03-20-2009, 04:13 PM
| | Sept Poster of the Month | | Join Date: Jul 2007 Location: Sheppard and Enoch Pratt Hospital, Adult Crisis Stabilization Unit, Baltimore, MD
Posts: 853
| | Re: Evil Trading
Quote:
Originally Posted by thegreatgate That is some impressive pre-market volume:
At 9:20am FAS has 3 million 70K trades and FAZ has 461,000 trades | I saw that this morning. You had commodities on the rise with the banking stocks slowly going down. I think there was some kind of euphoria going on both sides.
| | Thread Tools | | | | Display Modes |  Linear Mode | 
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | | All times are GMT -4. The time now is 01:31 PM. |
