Direxion Daily Financial Bear 3X Shares Message Board
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I own shares at 7.80
Will I ever see my price again> Not looking for pumpers or basher.
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I am not sure if you are looking for an exit price or just asking a general question, but I would consider selling this after S&P < 831.
Big balls = 801. -
sit till after labor day. all the dividends will be paid and stock holders will run. Stimuless aint working all stock holders are holding only because they refuse to conceed to the unthinkable. Hold and you will see40 bucks after labor day. And that is my before the split call
- 1 Reply to misterquidam
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Before R/S from 5.40 to 40. (40-5.40)/5.40then x 100%=640% linearly means ^rifin, ^rui, spx has to shrink 230% from here which is impossible. They can only shrink 99.99%. Please educate me! Lets be more reasonable: spx corrects to touch 450. 50% cut FAZ moves up 200%. 5.40 + 200%=5.4+2x5.4= roughly 15.
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u will see much better than that check the fibbo retracements crossing sma50 and sma100 on this faz chart <http://s745.photobucket.com/albums/xx93/ruspla/?action=view¤t=FAZfibbostretch.jpg>
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i guarantee that your shares will be worth $53.90 after Wednesday. ( my first prediction here on the fazzers board ! )
looking for $63.90 after friday ! ( not a prediction ) -
I think you will. Very soon! Good Luck!
- 1 Reply to red1duck
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I have about 10,000 shares at an average buy in of around 7. I am down about $15,000 of house money (previous good trades). I believe FAZ will move up to at least $10.00 per share pre-RS ($100.00 after RS). It may take til Sept or Oct but there are too many reasons for this puppy to run up even higher.
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I am long but day trade it. Get out and take the loss then just trade it. You do not want to hold this baby overnight.
Good Luck.
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