MM实在是黑

n748

BAC开7， FAS 开5.6。With the earnings mixed, it looked as if another big down day before market open.

Even though I did not expect a rebound, I had to change my plan and baught some FAS at 5.71 assuming the gap would be covered. Of course I did not expect that this was almost an all up day, so I sold my FAS at 6.20.

Still, I am surprised to see market closed up for about 2%.

I was shocked to see FAZ back to 9.15. I failed to resist the temptation, so I baught some at 9.28 right before close.  However, after a second thought, I sold it at 9.38 AH with a small gain for tomorrow's lunch.

I'm all cash again to protect myself. However, tomorrow the down trend may resume. I'm more comfortable to participate if it goes down. I'll probably stay on sideline and watch if it continue to go up.

And if SDS goes back to 65-, I may consider to buy it back to start my short position again, even though I am trying to stay neutral now. You can tell I'm still bear-biased.

Good luck to everyone.

n748

I noticed that FAZ closed at 9.15, which is the low of the day.

Although it's possible to see FAZ open even lower, just as FAS opened almost $1 lower than yesterday's close, but it might be FAZ's turn to shine tomorrow.

CoolMax

Thanks for sharing.
You may need to check out $nyupv/$nydnv before sell it.

n748

3# CoolMax


Thanks for your suggestion, could you please tell me where to find it?

oldfox

CoolMax

3# CoolMax


Thanks for your suggestion, could you please tell me where to find it?
n748 发表于 2009-4-21 10:30 PM

我每天复盘的30分钟图上都有。

daguai

moneymaker

You should be patient to have fun with MM's.  MM's like to play tricks with you.

老船

谢谢！

sunrise

good

traderxm

2# n748

Somehow, I feel that FAZ may go to below $8.00 in the upcoming days.

This is a crazy market.  Anything could happen.  You just can not imagine that FAZ was over $100 PPS just weeks ago!!