johnpaulca
12,036 posts
msg #71863
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3/2/2009 12:25:33 PM
Walid: I am short at 73.50 with stop set at $1 and target at 72.45( I will move it if necessary)
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johnpaulca
12,036 posts
msg #71864
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3/2/2009 12:26:46 PM
Hit price target will sell half here.
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johnpaulca
12,036 posts
msg #71865
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3/2/2009 12:30:34 PM
FAZ..completely out.
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johnpaulca
12,036 posts
msg #71867
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3/2/2009 12:38:29 PM
FAZ...went short at $73..this is a high risk play.
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johnpaulca
12,036 posts
msg #71871
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3/2/2009 1:01:17 PM
FAZ...still holding and doing a couple of hail mary
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karennma
8,057 posts
msg #71872
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3/2/2009 1:04:38 PM
OUT!!
I can't do this!
This "feels" like a repeat of November '08.
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johnpaulca
12,036 posts
msg #71873
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3/2/2009 1:10:01 PM
karennma: that's the smart thing to do, you can always buy back. Long FAS is pretty crazy in a Bear market, unless you are day trading...good luck.
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Walid
130 posts
msg #71874
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3/2/2009 1:22:57 PM
I surely hope you r out by now john.
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johnpaulca
12,036 posts
msg #71875
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3/2/2009 1:26:38 PM
Yes...as I said it was a high risk(stupid) trade. I will make back (:
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karennma
8,057 posts
msg #71876
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3/2/2009 1:42:37 PM
IF those FAZ puts were cheaper, they'd certainly be worth considering.
I'd buy FAZ Mar 75.00 puts for 5.00.
But I'm NOT buying them @ $16.00!!
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