I wonder C, BAC and FAS will rebound? ANybody have any idea? I'm locked in at 4.54$, 18.72$ and 26.50$ respectively. These stocks r killing my portfolio.

Ouch. Depends if you're a Buy and Hold person. I'd let FAS go if I were you but the others you can hold. Financials will rebound by year's end.

Why so on year end? Any ideas? Y let FAS go? if financial sector were to rebound, I think FAS would be the most rebound exposure. I've not been keeping up with news on the financial sector cause I was concentrating on tech. And I didn't check my portfolio for a month+ till last week.

Correct.. the 3x ETFs are not for buy and hold. They're just for trading and leveraging on market momentum.
They'll decay overtime. 3x ETF like FAS/FAZ are very dangerous. 

The underlying Financial index (XLF) still below 200MA. Once this get broken, you'll see FAS rally like crazy.
I'm not buying FAS until this occurs.

C - finally moved up to $3.9.. it needs to break above $4 and stay there for it to remain bullish. 

Closing update
Dow 10835.28 -22.86 -0.21%
Nasdaq 2376.56 -3.03 -0.13%
S&P500 1144.73 -2.97 -0.26%

Pretty much a flat day today.. the pull back allows me to exit some of my shorts with small profits. 
But, i think we're close to a break out to the upside soon if there aren't any more bad news to bring this back down.

FUQI receives final delisting notice from NASDAQ but they plan to appeal during the hearing.
Not sure if they can complete filing in 10 days time or not.

Read this article regarding 3x ETF decays

FAS/FAZ decay overtime

Still got a huge holding of C, not letting go yet. I'm looking for 4.30 or higher.
Maybe next week if Treasury can complete its sale.. 

Single U.S. trade helped spark May's flash crash

Published October 01, 2010

By Jonathan Spicer and Rachelle Younglai

NEW YORK/WASHINGTON (Reuters) - A computer-driven sale worth $4.1 billion by a single trader helped trigger the May flash crash, setting off liquidity shocks that ricocheted between U.S. futures and stock markets, regulators concluded in a report.

The report by the Securities and Exchange Commission and the Commodity Futures Trading Commission did not name the trader. Reuters, citing internal documents prepared by exchange operator CME Group Inc, in May identified the trader as money manager Waddell & Reed Financial Inc.

The long-awaited report focused on the relationship between two hugely popular securities -- E-Mini Standard & Poor's 500 futures and S&P 500 "SPDR" exchange-traded funds -- and detailed how high-frequency algorithmic trading can sap liquidity and rock the marketplace.

"The interaction between automated execution programs and algorithmic trading strategies can quickly erode liquidity and result in disorderly markets," the report said.

The "flash crash" sent the Dow Jones industrial average plunging some 700 points in minutes on May 6, exposing flaws in the electronic marketplace dominated by high-speed trading. The Dow was down nearly 1,000 points at its lowest point on that day.

Although the report did not make any recommendations, it lays the foundation for a special commission to propose new rules to avoid a repetition. At least one lawmaker threatened

Read this article regarding 3x ETF decays

FAS/FAZ decay overtime

How about URE? Same apply to this counter?

Traders taking a break, selling off all big names shares prior to the earning news.

Get ready for a big jump (up or down) this coming 2 weeks.

Man..i TT RM10k to Zecco via public bank and it end up failed to transfer due to account number not exist, and i lost RM430! what the hell! Anyone experience this before?

Did you email Zecco with a copy of your TT when you transferred the money? I usually email MBT a copy of my TT after I've transferred for their reference.