johnpaulca
12,036 posts
msg #71750
- Ignore johnpaulca
modified |
2/25/2009 11:17:42 AM
FAZ...still holding. If this market is really churning then we should see more downside for FAZ...we just have to wait and see. If FAZ is in a strong up trend then support should be around the upper or Median BB(40).
|
johnpaulca
12,036 posts
msg #71751
- Ignore johnpaulca |
2/25/2009 11:28:46 AM
FAZ...now on the median BB(40), this is support and where I should be taking half off the table or getting out completely.
|
Radiomuse
288 posts
msg #71752
- Ignore Radiomuse |
2/25/2009 11:47:29 AM
Hopefully you were too slow to pull the trigger!
|
johnpaulca
12,036 posts
msg #71753
- Ignore johnpaulca |
2/25/2009 11:58:28 AM
As I said, I am expecting more downside, I didn't sell. I will wait for a open and close above BB(10)
|
johnpaulca
12,036 posts
msg #71754
- Ignore johnpaulca
modified |
2/25/2009 12:12:50 PM
FAZ..out at $60...$3.46 profit .....long at $60.47(BOOYA buy)
|
johnpaulca
12,036 posts
msg #71755
- Ignore johnpaulca |
2/25/2009 12:39:38 PM
FAZ...Out at $61.61...$1.14 profit....I will sit it out for awhile
|
johnpaulca
12,036 posts
msg #71756
- Ignore johnpaulca
modified |
2/25/2009 1:02:12 PM
FAZ...short at $61.63
BTW- My decision to short was also based on a BOOYA buy on the DJX
|
Radiomuse
288 posts
msg #71757
- Ignore Radiomuse |
2/25/2009 1:47:48 PM
Nice, you are killing it. So the Booya is the 40, .4 upper and lowers? It sounds like you also use the 10 and 40 moving averages??
If FAZ goes a full bar above the lower 40, 1.04 now, will that be a signal to cover?
|
johnpaulca
12,036 posts
msg #71758
- Ignore johnpaulca |
2/25/2009 1:59:35 PM
If FAZ goes a full bar above the lower 40, 1.04 now, will that be a signal to cover?
*****************************************************************************************
I would use the trigger BB to cover
|
johnpaulca
12,036 posts
msg #71759
- Ignore johnpaulca |
2/25/2009 2:05:59 PM
FAZ...out at 57.85....$3.78 profit
|