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Posts Tagged ‘FAZ’

Shorting Financials

June 26th, 2009

I added shares of FAZ again at $4.70. This ETF has worked pretty well for me as a trade. I buy when it drops to the mid 4’s and sell it over 5 dollars. I am still not seeing too many buying opportunites forĀ stocks yet.

Finance

FAZ

June 8th, 2009

Bought more shares of Direxion 3X FinancialĀ Bear ETF (FAZ) @ $4.40 today. I have to admit that this rally has lasted far longer then I thought. Pullbacks have been mild so far. This position is a bet that the market still has room to decline.

Finance