fas – Phantasmix.com

$RIFIN Chart for Trading $FAS and $FAZ

Phantasmix — Wed, 17 Jun 2009 16:00:55 +0000

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]] and [[faz]] off this chart.

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FAS and FAZ, 3 Months

Phantasmix — Mon, 08 Jun 2009 16:02:50 +0000

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.

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FAS/FAZ Divergence

Phantasmix — Mon, 11 May 2009 15:05:32 +0000

Most of the time FAS and FAZ are up/down the same percentage. But every once in awhile they go off track, don’t know if it’s intentional or what.

Today is one of those days. [[FAZ]] is up rought 1% less than [[FAS]] is down. They may even out at the end of the day, but from what I’ve seen before, this will not be corrected.

I suppose it could be because of the afterhours or premarket action, but not sure.

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FAS, FAZ

Phantasmix — Mon, 13 Apr 2009 18:36:30 +0000

They meet at last….

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Triple ETF Erosion / Decay Rate

Phantasmix — Thu, 26 Mar 2009 17:00:17 +0000

This is just a friendly reminder why I like to short these simultaneously. A picture is worth a thousand words:

Click to enlarge

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