StockFetcher Forums · General Discussion · Any FAS/FAZ traders here?<< 1 ... 4 5 6 7 8 ... 17 >>Post Follow-up
karennma
8,057 posts
msg #72199
Ignore karennma
3/6/2009 7:34:01 PM

Actually, seems DUMB to buy FAS.
Seems better to short FAZ.


TheRumpledOne
6,411 posts
msg #72203
Ignore TheRumpledOne
3/6/2009 8:20:15 PM

I have traded FAZ.



13th_floor
724 posts
msg #72207
Ignore 13th_floor
modified
3/6/2009 9:49:54 PM

So has this guy...53 out of 54 winning trades Wed and Thurs.....21 for 21 today..I know,I trade with him $$$$$$$$$

http://darksidetrading.blogspot.com/

johnpaulca
12,036 posts
msg #72208
Ignore johnpaulca
3/6/2009 10:39:13 PM

13th..that's awesome trading by Muddy, comes with years of experience.

moby
314 posts
msg #72213
Ignore moby
3/7/2009 12:49:53 AM

Hi,

I've tried to load FAZ and FAS and apply it to a symlist but I can't get it to show on my results page or see a chart?

SKF and TWM work fine...something different about FAZ? Too new ? or I'm doing something wrong?
Please let me know.

Thanks.

johnpaulca
12,036 posts
msg #72214
Ignore johnpaulca
modified
3/7/2009 1:12:12 AM

Moby: I have the same same problem with FAZ and FAS.

BOOYA BUY
Image and video hosting by TinyPic

invest42day
1 posts
msg #72216
Ignore invest42day
3/7/2009 3:29:35 AM


karennma

You might want to research Pivot Points. I've been trading FAZ using pivot points and I've made almost 5k in two days. I'm still a newbie trader but I've found that FAZ follows the pivots extremely well. Here's an example, 3-6-09...FAZ pivot was $95.95. My rule is to wait for green candle completely above pivot point or resistance level. When I say completely above that includes the wick. So on Friday I entered FAZ at about $98 with 100 shares. According to the pivot point calculations for support and resistance I knew that FAZ would not hit R until $107.72. With this in mind, I added shares until I had 400 total for a $100 average. From that point I just monitored the market and since it was tanking I felt confident that R1 would be hit at 107.72. I sold all 400 at about $109. The next stop for FAZ was supposed to be $115.95. I watched for a strong break off the R1 (which had now become support) and bought back in at 110. I rode that up to to about 112 and sold. The only reason I didn't hold was because i was doing all this trading at work. Anyway, I hope this information is helpful. I'm no expert though. Everything I know about trading up to this point has come from InvestorsUnderground, TRO posts, 13th's posts, GreenOnTheScreen, Technical Analysis by Brian Shannon and Day Trading for Dummies (that's where I was introduced to pivot points). Here's a good breakdown of how pivots are calculated. http://www.investopedia.com/articles/technical/04/041404.asp

karennma
8,057 posts
msg #72217
Ignore karennma
3/7/2009 7:40:46 AM

"The only reason I didn't hold was because i was doing all this trading at work."
invest42day
===========================================================================================

Don't you hate it when someone walks by your desk asking, .. "whatcha doin'"?
Nosey goofballs!
LOL!
Thanks for the pivot info.
:>)





johnpaulca
12,036 posts
msg #72227
Ignore johnpaulca
3/7/2009 3:32:22 PM

FYI...I just saw that HMSY was the Top Tech. & Fundamental stock on Breakout.com....now combine that with Booya buy signal and you have a winner...imo

SFMc01
358 posts
msg #72241
Ignore SFMc01
3/8/2009 9:19:44 AM

JohnP & Moby: SF indicates that stocks without full data often will not show on filter outputs. To show, the time period of the filter must not be for a time period greater than that for which data is available for the specific symbol.

Steve

StockFetcher Forums · General Discussion · Any FAS/FAZ traders here?<< 1 ... 4 5 6 7 8 ... 17 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.