Danny, you obviously nailed it last week on your prediction for this week with TZA. I've gotten burned this year on QLD, even after I stopped holding and started trading it. Obviously the bear funds were the way to go this year, (what an understatement). Were you just rolling down your window and looking at the world when you made your prediction for this week, and do you have a more analytical edge. I'm hurting and need a quick turnaround, but can't see to buy these ETF at the right time. Can you help a misguided bull?
Damon, nice post, i agree with everything you spelled out. I sold my TZA today at 106, i bought it at 74. When are you looking to get back into TZA? This market is crazy, i have done everything right since October, buying FNM at .85 and letting it go at 1.8. I bought some uyg at 8.7 sold that at 10.60. Except one stock screwed me it was JASO (china solar stock). anyways keep your idea comming i like them, im thinking of jumping back into TZA tomarrow at 3:59.