johnpaulca 12,036 posts msg #71590 - Ignore johnpaulca |
2/20/2009 9:59:40 AM
Eman93...hope you guys didn't go long on FAZ at the open
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Eman93 4,750 posts msg #71591 - Ignore Eman93 |
2/20/2009 10:02:29 AM
FITB pivot at 1.30
I need to leave for the rest of the day good luck all!!!!!!!!!!!
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Eman93 4,750 posts msg #71592 - Ignore Eman93 |
2/20/2009 10:03:45 AM
No thats what i was saying about big gap ups FAS or FITB would have been the play. I missed FITB
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johnpaulca 12,036 posts msg #71593 - Ignore johnpaulca |
2/20/2009 10:20:37 AM
FAZ...I will take profits here at 76.50 ...two trips for $3.50+$3.44
TWM...closed at 83.85 for $1.40
I still believe these have move downside, but you never know.
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Radiomuse 288 posts msg #71594 - Ignore Radiomuse |
2/20/2009 10:42:52 AM
John - really nice!! I'm just watching both of those and haven't been able to pull the trigger either way. What are you watching for with FAZ and the BB's?? When it broke thru the 1.68 was that trigger? Now heading towards S/R at the 1.04?
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johnpaulca 12,036 posts msg #71595 - Ignore johnpaulca |
2/20/2009 10:50:58 AM
Radiomuse: Faz got rejected at the 1.68 so this was a high probability short combined with a large gap up at the open. Looking at the daily, it is extremely overbought so you wouldn't want to open a long position here unless you are trading intraday. 1.04 is support now.
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johnpaulca 12,036 posts msg #71596 - Ignore johnpaulca modified |
2/20/2009 10:55:05 AM
FAZ..back in...long
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johnpaulca 12,036 posts msg #71597 - Ignore johnpaulca modified |
2/20/2009 11:01:43 AM
FAZ out at $79..0.50cents..looks heavy on top
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johnpaulca 12,036 posts msg #71598 - Ignore johnpaulca |
2/20/2009 11:07:54 AM
FAZ...I will short here at 79.54 with my stop at $1above entry
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johnpaulca 12,036 posts msg #71600 - Ignore johnpaulca |
2/20/2009 11:14:05 AM
FAZ ..stopped out ...will try again
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