FAZ surrendered

sniffer

bot@50 sold@14.25  another big lost in my records. very upset today

liu4392

会有人说你倒在了黎明前的黑暗么?

n748

Pat, Pat, same here on SDS.

It's obivious a trick of WS (I mean to pre-announce so-called expectation, why not just wait for the scheduled day?). However, market over power us. It's not up to us.

I don't where it ends for this run, but with those kind of preannouncement, the good news already priced in. When the real number comes out later, it doesn't matter. Or it's more likely to disappoint a lot of people with high expectation now.

Hope we did not cut at the floor. but it's possible we are very close to the top. So be prepared to buy some back in the next week.

sniffer

3# n748


Thanks for the analysis. I wish your SDS has good luck..

kec

@39, 留作纪念用

n748

4# sniffer


I already cut before market open. but will definitely buy it back, hopefully at lower price later. Market is too hot to hold short position at this moment.

Disappointed but what else we can do other than surrender though.

sniffer

6# n748


Hug hug

笑口常开

避一避风头吧， 死抗不行了

cut mine with big loss,  next few days, mkt could pull back, but not banks.

sniffer

8# 笑口常开
You are right... We all know there some fake or funny things in their reports but govenment encourages that to trick us. If we want to play, we have to follow their waves.

xxtrader

安慰一下，抱抱

布袋和尚

bot@50 sold@14.25  another big lost in my records. very upset today
sniffer 发表于 2009-4-9 10:14

how many u bought?
hope not too much?

luren999

很理解你的感受，我也有FAZ，算下来价钱应该在42，100股。今天我没卖，也不打算再补。要卖再等等。原因是我问过自己，如果现在我是没有仓位，我会追高吗？答案是肯定不会。买多我会等到老蛇说的BUY DIP，而不是今天。那我就等到可以BUY DIP多仓的时候卖掉它。如果股市就这么一发冲天，那说明我的判断是完全错的，我会留着这个来提醒自己。反正2/3已经没有了，用剩下的1/3来给自己敲敲警钟。

seabiscuit

1# sniffer

I can feel your pain.  抱抱, 别难过。。。Maybe you can buy it back at a lower price when SPX is 875-900.   My simulation tells me that FAZ has about a 50% chance  to go as high as $25 before the OE of May.

tobetrader

1# sniffer

cut loss earlier next time, you have to have very strict discipline in this crazy market.

sniffer

10# xxtrader

Thank you for your sweetness

sniffer

11# 布袋和尚
It is pain to mention that... I will foget numbers and focus on future. Just need take a break from market

sniffer

12# luren999
light load is always good idea...

sniffer

13# seabiscuit
Thanks for helping . I will keep my eyes on FAZ...

moneymaker

I bought in FAZ, is that yours?  

seabiscuit

I bought in FAZ, is that yours?  
moneymaker 发表于 2009-4-9 11:43

何必呢？  Faz has a probability 70% to go below 13 before next Friday.  Unless you sell it quickly, you will have a big chance to lose.