| johnpaulca 12,036 posts
 msg #71932
 - Ignore johnpaulca
 | 3/3/2009 11:54:14 AM 
 FAZ...if it opens above $81.11, I will pull the plug.
 
 
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| johnpaulca 12,036 posts
 msg #71933
 - Ignore johnpaulca
 | 3/3/2009 12:35:49 PM 
 FAZ...my computer crashed. I was gonna say I will hold my position because of a negative diversion on the MACD pointing to lower prices. I covered at 76.42 (support). I got my dollar back plus some. I have a spin class in an hour so I will not trade until after lunch.
 
 
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| Radiomuse 288 posts
 msg #71934
 - Ignore Radiomuse
 modified
 | 3/3/2009 2:44:49 PM 
 Wow, big move down for FAZ.  Looks like it really tanked after it broke thru that BB 40 support around 78.75.  John, you gotta reschedule your spin classes!
 
 
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| johnpaulca 12,036 posts
 msg #71935
 - Ignore johnpaulca
 | 3/3/2009 3:40:02 PM 
 Radiomuse....just came back and I can't feel my legs anymore (:
 
 BTW- are you understanding (BB40), it will take some time but you will get the hang of it. If SPY could get above lower BB40 I could short FAZ again. I have made over 12K on FAZ today so I am not looking for more...Avery says "don't be greedy".
 
 
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| Radiomuse 288 posts
 msg #71936
 - Ignore Radiomuse
 | 3/3/2009 3:51:48 PM 
 Yeah, I hear good things about that spin stuff...
 
 I think I understand BB40, but I'm never sure which upper or lower you're referring to - the .4's (that's your Booya, right?), 1.04's, 1.68's...  In this case I was referring to the plain old 40 period moving average in the center of all the BB's.  When a bar opened up beneath that at 2:00est it looked like a pretty good time to go short to me.  But then I'm not sure how long I would have hung on for the ride down, how would you have picked an exit there?
 
 No real trades for me for a while, wasn't getting whipsawed too much trying to pick reversals.  Signed up with IB and I'm gonna do some simul stuff with NinjaTrader program.  See if I can emulate your results just a little bit!
 
 
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| johnpaulca 12,036 posts
 msg #71937
 - Ignore johnpaulca
 | 3/3/2009 3:56:46 PM 
 FAZ...too late to pull the trigger...should be shorted.
 
 
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| johnpaulca 12,036 posts
 msg #71938
 - Ignore johnpaulca
 | 3/3/2009 4:06:16 PM 
 Radio...I am referring to lower or upper BB(40,0.4) or sometimes BB(10,0.2) but rarely...I apologize for my lack of clarity, my typing have a hard time catching up to my cerebral cortex.
 
 
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| 13th_floor 724 posts
 msg #71941
 - Ignore 13th_floor
 modified
 | 3/3/2009 9:21:33 PM 
 "Thanks karennma....$8.89 profit from last night"
 
 "I have made over 12K on FAZ today"
 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
 
 John you are off the hook!
 
 WAY TO GO!
 
 Beats AAPL juice,eh?
 
 
 
 
 
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| johnpaulca 12,036 posts
 msg #71945
 - Ignore johnpaulca
 | 3/3/2009 10:25:11 PM 
 LOL...I am talking Molson Canadian eh.
 
 
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| johnpaulca 12,036 posts
 msg #71953
 - Ignore johnpaulca
 modified
 | 3/4/2009 8:59:49 AM 
 johnpaulca
 - Edit message 	3/3/2009 3:56:46 PM
 
 FAZ...too late to pull the trigger...should be shorted.
 ******************************************************************************
 
 It's down to $73 in pre-market. Should have pulled the trigger and started the day with an easy 5K.
 
 
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