FAZ

    Posted by msonline1 on 20th of Mar 2009 at 11:54 am

    Hi all,

    I am a new member and have been following the blog for about 2 weeks.

    9/21 EMAs are about to cross in the 60 min chart.

    It looks good.  Any thoughts?

    Thanks Matt for all the effort....

    Based on where the market

    Posted by junkmaylbox on 20th of Mar 2009 at 12:03 pm

    Based on where the market is now and assuming that FAZ moves inversely with the market, there is a lot more upside to FAZ. I would still take that trade, although it's riskier now than it was yesterday. I entered FAZ with the average pace of 29.56 on a cross of EMAs yesterday in the afternoon.

    Faz

    Posted by msonline1 on 20th of Mar 2009 at 12:17 pm

    Thanks for the input.

    Looks very interesting

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