Replies to post #49047 on $heff's $tation of $tocks & $olid DD

[barefootrunner]

FAZ - may see a bounce on FAZ. A lot of today was short covering. Still, rally could very well continue through tomorrow. No real resistance on the S&P til 1300.

[kuan]

life, i'm of the opinion that this market reaction to europe was extremely over the top. i don't think this little rally can sustain itself. that being said, i bailed late in the day, 10 mins to close actually. i only took out a starter position to test the waters and then ended up doubling down when it went another buck lower.

this etf is not for the faint of heart, simply put, i got scared. this thing moves too fast for my style. i made a couple grand and was very very very very very very very happy to exit by eod.

whew!! what ride. :)

[kuan]

if FAZ hits 35 i'll play that silly game one more time.