Tuesday, March 24, 2009

South of Heaven ~ Direxion Financial Bull 3X Shares (ETF) (Public, NYSE:FAS)

The FAS zones of LOVE & HATE

Chaos rampant,
An age of distrust.
Impulsive habitat.

The root of all evil is the heart of a black soul.
A force that has lived all eternity.
A never ending search for a truth never told.
The loss of all hope and your dignity.

If ever words were spoken
Painful and untrue
I said I loved but I lied.

p.s.  hmmmm. 


BUY ON THE DIP said...

FAZ is still a broken donkey.

the only savior is the intraday/swing calls of confidence. who caught DRYS, FIG (newton), and GS today? boo-yizzzle!

BUY ON THE DIP said...

ohh and those $X calls were potent!

... anyone warming up to the idea of shorting FAS instead?


MON (fuck ferts)
BTU (coal sucks)

Anonymous said...

what is the moral of this story? are you a buyer og fas any time in the future?

Richard Todd said...

I was pleased to see lyrics from South of Heaven... then I realized you had chosen a Pantera performance for the video. Maybe you were trying to get across how disappointed you are by FAS, after it initially looked so good? :-)

BUY ON THE DIP said...

LOL, Richard, nice.

...did you notice Kerry King in the video, hmmm.

BUY ON THE DIP said...

i dont trust the banks, the rally, or myself at this point.

BUY ON THE DIP said...

and the moral of the story is ... "if you know that you know nothing, at least that's something."

Anonymous said...

FAZ +10% again.

I'd fear the G20 if I was a trader. Who knows what wacky things they'll do/say and what impact it will have.

Anonymous said...

anyone got a link to a good sight for stock options charts

Richard Todd said...

Yeah, I saw Kerry King in there, but the weakest part was the vocals, I thought. Even in his old age today, I think Araya sings it better. On the other hand, there's a clip on youtube somewhere of phil singing with Morbid Angel, and I think he does a decent job. So, go figure...

Anonymous said...

oh no, PPT! lol

At some point stocks wil rise sharply. What's happening is people are realizing they have to put their dollars in something, anything before the country ditches the dollar. HERE comes the inflation train!!! trillions of dollars off-shores ready to come back, similar to weimar germany.

Anonymous said...

I meant before the world ditches the dollar.

Anonymous said...

MON – Monsanto Company – The St. Louis-based provider of herbicides, seeds, and related biotechnology trait products used to improve farming productivity, experienced a 1.5% decrease in shares to $82.13. Despite the slight decline, a report from Standard & Poor’s this morning noted that the agriculture sector experienced its strongest year in 2008, and further, that “seed and agriculture technology companies stand to benefit” from the health of the farm economy.
Monsanto was highlighted for its solid research and development efforts and its promising estimates for earnings through 2012. However, one analyst did report that shares are “fairly valued” at $84.00, prompting a ‘hold’ recommendation. MON popped onto our market scanners after one investor initiated a bull call spread in the May contract. The purchase of 7,500 calls at the 95 strike price for 2.30 was spread against the sale of 7,500 calls at the 105 strike for 55 cents apiece. The net cost of this strategy amounts to 1.75 and yields a maximum potential profit of 8.25 if shares can rally upwards to $105 by expiration. Shares would need to grow by 28% in the next 2 months in order for this optimist to succeed in capturing the maximum profit of 8.25 by expiration day.

Anonymous said...

Wall Street Fighter

Buy Buy Buy

Anonymous said...

faz holding pretty firm. was the wrong trade for the last couple days but at least it isnt a devastating trade. plus chances of it popping up relatively soon is there, i would fear g20 tho.

BUY ON THE DIP said...

i keep buying $GS calls at the $110 daily line of love.

and selling above $111, $112.

its getting a bit repeatitive.

worked twice today, and i'm in again. go team!

ya'll catch the move in $POT, so irie.

BUY ON THE DIP said...

the "bounce backs" have been getting weaker... not sure if it'll work this time.

BUY ON THE DIP said...

hmmm, it worked again.

$GS ... calls of confidence!

still down HUGE on FAZ, but the past few days of GS calls have made up a bunch of those "unrealized" losses.

now if we can just get FAZ to make a solid run, hmmmmm!!

losingsforsuckers said...

It's really OK. FAZ will come back. This rally is garbage

BUY ON THE DIP said...

POT 90.79 +1.49 (1.67%) *long
MON 86.46 -1.18 (-1.35%) * short


BUY ON THE DIP said...

Goldman Sachs on Friday started coverage on the U.S. coal sector at
neutral, arguing that demand for domestic coal and coal exports could fall because of global economic weakness.

It also said that excess capacity is likely to keep coal prices near cash costs for the next six months. "While many U.S. coal producers are well contracted for 2009, there is risk
of further contract deferrals," the firm wrote. "The fall in demand has caused
met coal consumers to defer or cancel met coal contracts with producers."

short $BTU
25.96-1.70 (-6.15%)

BUY ON THE DIP said...

$RIG puts are working too.