BOUGHT +60 FAS @8.77

Day trade position only. I noticed a few financials are testing their long term lows and holding. Like C is hanging at $3.0. So I’m putting in a quick bounce bet on the financials on this supposedly Obama rally day. Hard stop set at $8.70 to limit my risk.

Update: I’ve been stopped out before even finishing this post!

Update 2: I’ve re-entered 62 shares of FAS for 8.19. FAS closed at 7.63. I will stop it if FAS stays below 7.50 after 10am tomorrow.

Update3: I’m out this morning (Jan 21) at $8.07.

S&P 500 intraday

S&P 500 intraday

3X Financials Bull

3X Financials Bull

Related posts:

  1. BOUGHT +100 FAZ @14.29/SOLD -100 FAZ @13.88
  2. BOUGHT +35 TNA @23.68
  3. BOUGHT +10 SKF @96.70
  4. BOUGHT +59 FAS @8.82
  5. Bought +7 SKF @149.65 And Stopped out @ 144.58

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