miketranz
962 posts
msg #94124
- Ignore miketranz |
6/21/2010 12:58:27 PM
TZA has to break 6.50 "going up" to even be even considered as a trade.Stop guessing,start reacting........
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Kevin_in_GA
4,599 posts
msg #94125
- Ignore Kevin_in_GA |
6/21/2010 1:06:20 PM
The truth is you see in the market reasons to believe what you think will happen, even if it doesn't. That's why two people can look at the same data and come to entirely different conclusions.
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Kevin_in_GA
4,599 posts
msg #94131
- Ignore Kevin_in_GA |
6/21/2010 3:20:41 PM
You guys should have doubled down at the open today.
As it is, I got out of my TNA at near the top of the day (go figure). RUT futures are dropping like a stone, down from 675 at the open to 659 right now. A down day unless there is another hockey stick save at 3:30 PM.
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mesayah
658 posts
msg #94132
- Ignore mesayah |
6/21/2010 3:44:58 PM
It's getting ugly...
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miketranz
962 posts
msg #94133
- Ignore miketranz |
6/21/2010 3:51:04 PM
Now I'm starting to like it.The Chosen One has something here........
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johnpaulca
12,036 posts
msg #94135
- Ignore johnpaulca |
6/21/2010 4:55:52 PM
I agree the market is overbought and needs blow off some steam, this is how the market attracts fresh money.
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mesayah
658 posts
msg #94136
- Ignore mesayah |
6/21/2010 5:08:07 PM
This is the best thing for longs.
Let it tank for a few then market will most likely
move sky high...
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jrbikes
624 posts
msg #94145
- Ignore jrbikes
modified |
6/21/2010 8:52:51 PM
look at a 1 year weekly candle chart and a 2 year monthly candle chart, this will make it easier
When the market craps, Im going to buy me a 250 ninja wholesale and go cruising!
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Kevin_in_GA
4,599 posts
msg #94166
- Ignore Kevin_in_GA |
6/22/2010 11:29:30 AM
Looks like TZA might actually hit 7 bucks - but not for the reason you might want ...
From Marketplace.com -
"That's why Direxion Daily Energy Bear 3x Shares (ERY 10.07, +0.31, +3.18%) , Daily Real Estate Bear 3x Shares (DRV 6.46, +0.20, +3.20%) , Daily Small Cap Bear 3x Shares (TZA 6.50, -0.06, -0.92%) , and Daily Technology Bear 3x Shares (TYP 7.76, -0.14, -1.77%) announced the 1-for-5 reverse split effective in July. A year ago, the firm made similar moves to some of its other leveraged issues."
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mesayah
658 posts
msg #94169
- Ignore mesayah |
6/22/2010 12:36:04 PM
Forget about $7, i think $8.00+ is more like it.
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