euro and /es hit the bottom of their channels this morning ad now are working their way back to the tops look like around close should be the highs....might have a shakout down wave but looks like 230 ish would be a good short faz is at 14.30 but was at 14.06 earlier so might be able to get it around 14 are a little bit less the top of faz's channel is 17.30 but we should break 18 easy this time....
Chart from a PART of NY from his blog
euro and /es hit the bottom of their channels this morning ad now are working their way back to the tops look like around close should be the highs....might have a shakout down wave but looks like 230 ish would be a good short faz is at 14.30 but was at 14.06 earlier so might be able to get it around 14 are a little bit less the top of faz's channel is 17.30 but we should break 18 easy this time....
ReplyDeleterrman - I like FAZ a lot at these levels. I will watch the close and may add to my position.
ReplyDeletelooks like 38 for the YESs.
ReplyDeleteBravo, jay.
faz 14.14 after hours
ReplyDeletei added 300 shares more last minute
ReplyDeleteok short the /6e euro and long faz
ReplyDeleteRman - what do u think for TZA ?
ReplyDeletesame as faz i have some tza that i bought a while back for my long term holding
ReplyDeleteBought TYP & TZA, both short term & long term and some FAZ
ReplyDeleteWhat would short term and long term tgts be on TZA - Rman / Reza ?
ReplyDeletewell it was 8.40 earlier this month we should make that by the end of month
ReplyDeletehttp://www.traders-talk.com/mb2/index.php?showtopic=120572&st=0&p=528401&#entry528401
ReplyDeletesomeone on hear posted this last week its pretty interesting..
Jay,
ReplyDeleteyou mentioned you saw a huge gap down monday morning....do you still subscribe to that and what is the reasoning?
thanks as always
Any thoughts on buying silver or silver mining companies??? any opinions out there?
ReplyDelete