Direxion Daily Financial Bear 3X Shares Message Board
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Bump
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8-K filed today (June 17th, 2013) for planned insider selling
by themo23 •Jun 17, 2013 5:44 PMDisastrous. No doubt the historical $20's trading range will be upon us in a few weeks.
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Not a chance. Just more bullish propaganda.
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Im short until than and Ill do a weekly options strangle from there.
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Maybe $168? Will fall so fast after that that a position built now is a good idear.
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Too many decliners vs advancers, rut broken, vix stagnant, volume dry, euphoria waning.
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...yes it will. its only 9:55am. Like mouhammad alis memory, fade this market.
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No way momentum can sustain here
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At this point a test in the high $13's wouldnt surprise me. Absolute disaster. Short @ $16.50
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I am short everything. Looking at the general market can u really say it has been a bad idea??
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Its all psun. The historical high market and margin debt im sure has had nothing to do with psun 100%+ rise in the last 5 months. Im sure todays price action will have nothing to do with short covering. Im also sure we will continue moving up after shorts cover because losing $24M is good news and psun is uniquely positioned to survive another US recession.
Too da moooooon!!!' - Reply to
Yesterday's late day reversal due to knowing China econ data?
by pjw1857 •May 23, 2013 9:19 AMDoubtful. Fed min release from previous meeting. Market has tanked consistently with their release the last 4 times.
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If it breaks 164.4 its game over until a retest of $159-$160 breakout.
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Shorts will get one final slap in the face after earnings...
by tydurban •May 22, 2013 6:47 PMI will be shorting at the open like i said. I believe we will close red. Looks like a move back to the $20's with market pullback is imminent.
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Broke $164.40 earlier in ah. Looks like a $159-$160 breakout test over next week to me.
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Rare to see this type of desperation. You have been posting every 5-10 min. Sounds like you are playing with money you cannot afford to lose.
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Ive got a calendar option collar. Puts for June & July with calls for September & January.
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Funny the Bulltards are completely ignoring the news out of China last nite
by pjw1857 •May 23, 2013 7:27 AMYes the china data. Its all coming to a head now. Whats nuts is that the absolutely nasty chinese data was probably padded. Might be a lot worse than they said it was. We dont have april figures for margin debt but inflation adjusted it has probably reached well past its historical high. Lastly, elliot wave 5...was predicted a year ago to be 1680-1690 before a 4+ year bear market.
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It was down 3.5 pt. Back the truck up load up boys and girls
by perfusion68 •May 23, 2013 8:00 AM....no thank you. I'll let you do that. I need a larger than normal insulin injection this morning to prep for this day long disaster to unfold.
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Wwav spinoff one of the greatest frauds ever perpetrated.
by tydurban •May 20, 2013 7:06 PMI really dont know what there is to like about the balance sheet and prospects of this company. Clearly the reverse split is to keep the stock listed on the nyse which means they anticipate it falling considerably from the $10 area. I sold a while back because the higher ups seemed to have such little faith in this part of the company they needed to to separate the "good" from the "bad". If they have no confidence in df i sure dont. A "pure milk play"...youre kidding me right?