Originally posted by noshadyldy
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The sky is falling!!
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Hi Lady! The market hasn't had enough volatility the last couple of months to trade these two back and forth like before. The $SPX is in a consolidation period and the Russell2K has followed suit. I've been buying TZA on the way down and now have a full share at 15.21 (it got as low as 13.24, but I was cash-poor and missed it). Waiting for market to top out and cash in on the next big pullback. It's a little sleepy volume-wise as, apparently, the makers and shakers are enjoying their summer in the Hamptons. Experimenting a bit with SQQQ, TBT, and UVXY. Will see how that goes (red so far)
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Riverbabe, how's that working for you these days? Still playing back and forth between TNA and TZA? If so, please toss a poor dog a bone and share your insight.
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Originally posted by riverbabe View PostGaining av. of $1K every second day. Can live with that. Kind of funny that I'm using my market timing instincts, and beating the $$$t out of Zack's market timing guy. Ha!
I don't have the stomach for TNA's chart. But I do like the looks of TZA. Both getting some serious volume. Thanks Riverbabe.
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Gaining av. of $1K every second day. Can live with that. Kind of funny that I'm using my market timing instincts, and beating the $$$t out of Zack's market timing guy. Ha!Originally posted by riverbabe View PostHave been swing trading TZA and TNA with some success.
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Ouch! I think I just felt a piece of the NASDAQ fall and hit my head.
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$SPX barely holding 50 dma of 1839.16. Support to test above 1820ish. About 15% +/- chance of breaking(?), then probably more weakness. Ouch!Originally posted by M0n3y View PostWhat do you think folks about the current sell-off?
It seems that we are going to touch the 4000 of Nasdaq Composite sooner rather than later.
Do you foresee other scenarios?
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Guest repliedWhat do you think folks about the current sell-off?
It seems that we are going to touch the 4000 of Nasdaq Composite sooner rather than later.
Do you foresee other scenarios?
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Guest repliedthat will not happen...
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Mark today as another distribution day. Despite that I bought some OPK. And still holding onto AFOP, BCOV, HCI, VICL, and INO. A bit more than I would really like to have but nothing has hit the sell button yet.
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