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... sundancer390

Time Time Time… dilutes peoples perspective relative to price level

We're 6 months into going nowhere and it's worn many traders out, but this behavior isn't anything new to the $SPX. I've put together a weekly chart illustrating the markets tendency to rest over time.

http://www.flickr.com/photos/47091634@N04/44390

moving day comes when the market has put to sleep everybody and then before traders realize it, the market is at it's next destination.

... Earl of

You did suggest that. I didn't take it, as I didn't want to add more TZA while underwater on the trade.

I'm out of TZA now, and that price might just come back.

... monicadern

Looks from below that he sold it.

... monicadern

But UUP hasn't broken through containment either.

... dreadwin

I suggested (yesterday) that you'd have an opportunity to buy TZA on the dip today. Did you take it?

... monicadern

AAPL still hasn't broken the 227 number.

... monicadern

Sundancer, thoughts?

... monicadern

Oh lovely.

... monicadern

Wow – Carl is good. I'm glad I wasn't home for the huge run up. My stomach probably could not have taken it. Still haven't busted through my projections though. Hanging on.

... Earl of

Carl just Repurchased one unit at 1151.25