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Author Topic: FAS - Direxion Daily Financial Bull 3x Shares - NYSE  (Read 7143 times)

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Offline Vegas

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FAS - Direxion Daily Financial Bull 3x Shares - NYSE
« on: April 22, 2009, 11:26:18 AM »
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♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦

Offline Vegas

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Re: FAS - Direxion Daily Financial Bull 3x Shares - NYSE
« Reply #1 on: April 22, 2009, 11:29:16 AM »
I should have bought again this morning at 7.75 but was a little uncertain as to which way the market was going to go...
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♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦

Offline Vegas

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Re: FAS - Direxion Daily Financial Bull 3x Shares - NYSE
« Reply #2 on: May 18, 2009, 03:33:30 PM »
Sure is a lovely day to be long on FAS...
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♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦

Offline Dr PennyStock

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Re: FAS - Direxion Daily Financial Bull 3x Shares - NYSE
« Reply #3 on: May 21, 2009, 06:02:05 AM »
This one has not any juice, can only go down, IMO.
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Offline ShyTrader

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Re: FAS - Direxion Daily Financial Bull 3x Shares - NYSE
« Reply #4 on: May 21, 2009, 01:47:06 PM »
Interesting... I'm wondering if you could give any reasons.  I'm thinking it is likley to bounce (or hold at the MA30 today and tomorrow.


One of my pay charts I just found is showing that short term and mid-term trading indicators are low and ready to reverse; they are usually good for 1-3 days, but with the other technicals pointing the wrong way, I don't feel confident it would be worth getting into. Plus I will not be able to trade tomorrow... so I would not be able to get out.
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Offline Dr PennyStock

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Re: FAS - Direxion Daily Financial Bull 3x Shares - NYSE
« Reply #5 on: May 21, 2009, 03:05:08 PM »
Broke the PAR SAR and is making new lows, that together with the run from 2.32 to 13.27 tells me that the sell pressure is now stronger.
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