Trading the FAS/FAZ ETF at the Open
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Ok. I found a link where TRO created a nice ETF Long code for Stock Fetcher.com
You can find the code at
http://beta.stockfetcher.com/sfforums/? ... &start=400
When you run the ETF LONG code. FAS is the only ETF thats shows up.
It has a 82.6% rate of reaching 50 cents from the open if it reaches at least 10 cents.
And I am sure if you are experienced you can try to scalp a little more than just the potential 40 cent profit.
For the ETF to short. OIH comes up with a 84% success rate.
Good luck in your trading.
You can find the code at
http://beta.stockfetcher.com/sfforums/? ... &start=400
When you run the ETF LONG code. FAS is the only ETF thats shows up.
It has a 82.6% rate of reaching 50 cents from the open if it reaches at least 10 cents.
And I am sure if you are experienced you can try to scalp a little more than just the potential 40 cent profit.
For the ETF to short. OIH comes up with a 84% success rate.
Good luck in your trading.
- rowdy
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Today was unbelievable day for FAZ/FAS. Hopefully, if you were in you were on the right side. Apparently, some rumor of a major bank about to fail prompted this. Now with the possibility of commercial real estate problems, we could see another round of bank failures. This isnt anything new but considering the movement of the financials this year, you have to like these as a real trading opportunity.
All I need is Supply and Demand
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