Posted by dallassteve on 25th of Mar 2009 at 09:50 am
Hi Harvey,
Sorry, I did not see your post yesterday. Yes, I am still
holding SDS and FAZ. I'm still up a little on SDS this morning,
even with the SPX up 90 points, so have a little room to wait and
watch there. Losing money on FAZ (got in too early), but it
is a small position. (Small is relative, I guess. I'm
losing a thousand bucks on this small position.)
Maybe some others are in the same boat. I know this is a
crap shoot at the moment. Market could go either way. I
like the double top and negative divergence. If SPX takes out
the 825 level, I'm out. Matt noted this level and the 804-805
level, which I am watching carefully.
Let me know what you think. And anyone else.
Thanks.
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Hi Harvey, Sorry, I did not
For those who were short coming into today, realize that ...
Posted by dallassteve on 25th of Mar 2009 at 09:50 am
Hi Harvey,
Sorry, I did not see your post yesterday. Yes, I am still holding SDS and FAZ. I'm still up a little on SDS this morning, even with the SPX up 90 points, so have a little room to wait and watch there. Losing money on FAZ (got in too early), but it is a small position. (Small is relative, I guess. I'm losing a thousand bucks on this small position.)
Maybe some others are in the same boat. I know this is a crap shoot at the moment. Market could go either way. I like the double top and negative divergence. If SPX takes out the 825 level, I'm out. Matt noted this level and the 804-805 level, which I am watching carefully.
Let me know what you think. And anyone else. Thanks.