FAS / FAZ / Daily Discussions / Archives / 11-04-2011 / Tuesday May 17. 2011

Topie: Tuesday May 17. 2011
May 17th, 2011 11:38 AM
BullDog Down day -
Added to my positions in GE, AA and F

Anybody else up to anything interesting?
May 17th, 2011 01:05 PM
membar
Quote:
BullDog wrote:
Anybody else up to anything interesting?

FKOS, TKOS and my AGQ / ZSL strategy.
May 17th, 2011 01:26 PM
BullDog S&P is at 50 day Moving Average. If this holds, we are close to a bottom? Any takes?
May 17th, 2011 01:55 PM
shazee You might be right BD, waiting to see how we close.
May 17th, 2011 01:59 PM
shazee I see MACD histogram bull crossover but I don't see 13 EMA>34 EMA yet. Let's hope we can load up to 1350 at least. Tomorrow should be a better picture till then "cash is the KING", daytrading.
May 17th, 2011 03:46 PM
BullDog Going into a decent, perhaps not a terebly convising close - what say Shazee.
Was a good day to pick up some laggards, if you have conviction.
Industrials and Mrterials will continue to unwind a bit. I am waiting for %90 oil.
The tech sector, did a good recovery
May 17th, 2011 04:01 PM
allen314159 My code chose FAS for the overnight hold.....
May 17th, 2011 05:15 PM
shazee BD,
You are the FAS pro and have all the answers. Brother, you have all the answers in your sleeve.
Dear PUG thinks we are heading up for a nice profit. I want to be in safe side, I am daytading. I still can't figure out silver. 1K fas gives me enough dough per trade. I think Bankers sinked pretty good for us to take advantage of Fas now. I still like to daytrade b/c I don't trust this market.
We will see. Good luck to everybody