• MoneyWalksStocksTalk
    I know ive been posting a lot tday sorry but is anyone else grabbing their balls bc they are holding FAZ, TVIX, SPXU over nt? wish i sold!
    11/30/11
    Reply (24)
    • Eric Stalee: Yeah, I am. Bomb feels like it blew up in my face.
      11/30/11
    • MoneyWalksStocksTalk: Also it is kind of odd that after S&P downgrades all big USA banks.. they lead this rally? insane!!
      11/30/11
    • MoneyWalksStocksTalk: i guess "scared money dont make none" but stupid money loses all!h aha
      11/30/11
    • Eric Stalee: S&P was late on its ratings. Even before this liquidity injection I figured it wouldn't do much for downer.
      11/30/11
    • MoneyWalksStocksTalk: well have fun sleeping because i know i wont be tonight!
      11/30/11
    • Eric Stalee: I'd be much more nervous if I was long. I don't feel comfortable trading in this market on the long side until the bottom falls out.
      11/30/11
    • Eric Stalee: Makes me super uncomfortable being long even for a small amount of time.
      11/30/11
    • Youngone91: calm down. Emotion will get you slaughtered in this market. If you cant sleep, play with less money next time
      11/30/11
    • Native Texan: NEVER EVER EVER NEVER HOLD 3X'S OVERNIGHT!!! I learned the hard way. Please learn from my mistakes.
      11/30/11
    • 1980XLS-2.0: Hold 'em only for hedging,or small quantities.They are useful to hedge positions one may have used unsettled funds to buy,and could not sell
      11/30/11
    • Eric Stalee: NT, as much as I agree with you, I have to hold them for a while longer (Friday). Market will be hit by a freight train when it happens.
      11/30/11
    • Eric Stalee: If it happens and I can't take that chance even if it means temp. loss.
      11/30/11
    • realornot: What are you afraid of? I lost a chunk of money but this is the kind of thing we do. (Risks and Rewards)U need to keep a safety stop to play
      11/30/11
    • Demi9OD: This is the last alpha high being formed before the big fall. Timing the top will be impossible. One should short after the turn.
      11/30/11
    • MoneyWalksStocksTalk: not a whole lot i play with,but noone likes going to bed thinking they might wake up w less!
      11/30/11
    • realornot: FAZ is the only 3x vehicle. It cuts both ways though NT.
      11/30/11
    • realornot: you cannot think like that. Everyone thinks positive and wake up all gains. Reality may not be the same.Cut your losses early & re-position
      11/30/11
    • TonyNed: I'm holding FAZ overnight. I'm looking for $45 to sell in the next session or two.
      11/30/11
    • Native Texan: I've held overnight a few times myself. Won some, lost most. Small hedges okay but all in is just too much risk. Normal mkt, ok.
      11/30/11
    • Native Texan: I have to disagree on holding last pm; mixed bag, eg 37 downgrades w/EU Plan = trouble. Love u guys but think holding last night bad idea.
      11/30/11
    • BetTheHouse: I have held faz overnight multiple times including over last weekend and gotten ass raped. With this volatility in after hours it's a no.
      11/30/11
    • Ocean Man: What's wrong with holding TVIX overnight? You don't think it's ever going over 46 again? I sleep better knowing my longs are hedged.
      11/30/11
    • Native Texan: I've never traded TVIX, maybe I should give it a try.
      12/1/11
    • realornot: .
      12/4/11
      From other sites