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... gcocks83

You have a way with words. I hope the hole is deep and wide.

... sundancer390

I should have specified this isn't a sequence rather a setup,

this is what i call a Bermuda triangle formation

... monicadern

Wow – think I would have sold. But Carl seems to be doing much better than I!

... gcocks83

I may add some more tonight.

... gcocks83

Are you implying that you think 04/0820/10 will have a LC at 1056.62?

... sundancer390

$SPX
High Close : Low Close : High Close

1/19/2010 HC 1150.39
2/08/2010 LC 1056.62
3/15/2010 HC 1150.51

http://www.flickr.com/photos/47091634@N04/44359

... Earl of

The New Moon Trade, which favors TZA, starts now, as AmericanBulls has issued a BUY signal.

TZA is available now in the after hours session for $7.37, so that becomes the buy price for this trade.

... Earl of

AmericanBulls gave a BUY on TZA just now. I would have done as well waiting for this signal as I did getting a jump on it last Friday.

... Earl of

The view from Americanbulls

TNA is a SELL (Sell confirmed today). The candlestick of today was a High Wave (loss of a sense of direction and much indecision in the market).

TNA was up 46% since the buy signal on Feb 9th. TNA was $36.69 at the time, and closed today at $53.65.

TZA is a BUY (Buy confirmed today). The candlestick of today was White Spinning Top (complete indecision between the Bulls & Bears).

TZA was down 33% since the sell signal on Feb 9th. TZA was $11.04 at the time, and closed today at $7.38.

Summary: Sell TNA, Buy TZA.

... Earl of

I got stopped out when TZA dipped below the pivot line, but got back in when it bounced. Am holding mine over night.

Much more fun if TZA would stay away from the pivot line.