Rally begins now.. And that's a good re-entry point for TZA when it tops out.. Look at 644 RUT for resistance and re-entry into TZA.That's about 43 on the TNA for exit.And about $7.80 to $8 bucks on the TZA.Scrutinizer
tza resets everyday-that cost you money daily --resets cost money--its to trade period-average hold is 5 hrs
dow 6000 soon
You, sir, are the consummate over-thinker. Timing this market is not possible, but holding on for the ride down is possible. White knuckles and all.
These 3x ETF's are for trading, not holding.GL!
You are looking at the reading for todayPeople are going to realize that back in April, the market peakedConsumer confidence numbers are based on that peakGuess what is going to happen to consumer confidence in June. It will tank the markets if they have done so by thenSmart people are looking at the next move, which is down
Come folks!! All I was stating was that suddenly the market had the excuse it needed for a SHORT-TERM rally.This is a continuation of the bear market that started in 2008 and we're definitely going lower.But here are entrances and exits that will occur along the way.Scrutinizer
CONfidence is the word. I don't see any recovery here in Los Angeles, but will wait for the dip and buy TZA again. EU is goin' down in flames very soon, as is the US.