Tuesday, February 09, 2010


cover FAZ and long again. Lots of great opportunities out there...

Keep an open mind of the possibilities and know what you will do when the markets move one way or the other. Prepare yourself to act and take advantage of the situations.
Sold the FAZ long, went short, now covered taking profitsand lying in wait for the momo to show itself


AS the markets continue to dive and break support levels, the ETFs like FAZ, SKF, FAS, TNA gain momentum. With huge volume, tiny spreads and good daily ranges they make ideal trading instruments. AS always, set protective stops in case things reverse.

S&P and QQQQ








FAZ