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shaner

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shaner

Re: el jefe post# 4465

Friday, 10/07/2011 6:22:53 PM

Friday, October 07, 2011 6:22:53 PM

Post# of 4602
Good to hear from you el jefe!

I use to trade FAS & FAZ about a year ago and like you say...leveraged by 3X can really catch you with your pants down!!...took a position in the morning one day then left for lunch and just about hurled my lunch back up...dropped about 40% in the 60 min when I was gone!!!! If you're in and out they can be fun. I even heard some guys taking positions in both at the same to hedge their risks.

Later--
PS...got the Camaro parked for the winter...feels like I'm sending a girl friend away! LOL!
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