Adding to My Financial Shorts

I added shares of FAZ again at $4.70. This ETF has worked pretty well for me as a trade. I buy when it drops to the mid 4’s and sell it over 5 dollars.

I am still not seeing too many buying opportunites for stocks yet.

Comments

[capt Brian:]

Makes sense, but I have been holding over 5, gonna relook at my downside thinking. I was tuned to lower S&P in here, but sure is takin' its time.
Good summer thinking I think.

Happy grins

Sell all the junk you have on Ebay, and put the money in gold silver and FAZ for the bal of the recession.

Capt Brian

Jun 28 09:48 AM

[Fitz919:]

The S&P will fall, we have to be patient. It takes awhile for the Summer heat to wither green shoots. Remember the seeds were planted in a load of crap, and are being watered by the tears of many whose unemployment benefits have run out.

I like TZA right now.

Jun 28 10:04 PM

[Ernesto Gom...:]

How's that FAZ working out for you?

Aug 17 12:03 AM