Archive for the tag:

$RIFIN Chart for Trading $FAS and $FAZ

June 17th, 2009 Comments(0) tagged , , , and

Click to enlarge

$RIFIN broke down. Fibonacci retracement targets are on the chart.

  • 50MA acting as support at the moment
  • 20MA turning down
  • Stochastics and MACD going negative

Going to trade (FAS: 80.17 +1.14%) and (FAZ: 26.74 -1.07%) off this chart.

rifin

FAS and FAZ, 3 Months

June 08th, 2009 Comments(0) tagged , , , , , and

FAS and FAZ, triple financial ETFs, bull and bear respectively.

Both have been dead in the water for the last 6 weeks.

I think holding FAS + writing calls is (was?) the best strategy here.

fas_faz_3months

FAS, FAZ

April 13th, 2009 Comments(0) tagged , , , and

They meet at last….

fas_faz