Tuesday, June 30, 2009

Going Lower for a day or 2: Play with TZA

I have a short term Bear bias. I have a few long set ups but will mostly be looking to catch some moves to the short side. Hope for a flat to slightly higher open and will put on a short etf on any sign of weakness with stop above recent high.

TNA: looks like its ready to die.



DUG Update:

Here and a little lower looks like the sweetspot. If we go a little lower, buy this thing on any type of revesal and put your stop below 18.11.

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