The FAZ long trade was put on as a hedge for my long term FAS going forward. The original entry at 31.95 was a touch early but as the market rolled over, the recovery was fast and furious!Holding on for more selling expected next week.
The break of the upward trend line today lead to selling all day! Entry @ 799 still working well!Over all a great week and now a well deserved weekend! Enjoy and talk to you probably early Monday morning as I need time to decompress and relax. Cheers and thanks for dropping by.
1 comment:
Hey Mike,
Any thoughts on picking up some faz in the morning (Tues.) if we gap up.
Also, what do you think about AMZN as a short up here... not sure if you trade it.
thx
Jeff
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