Dreadwin, it's more like stupidity! I am stubborn as a mule and am sure I will pay a hefty price. I just think in the long term there are very few (you might be one of them) that can make money day trading.
The last two times $RUT was in the area of it's 20 day MA, it blasted right through it like it wasn't there. Hard to see why it can be different this time, but I will be watching closely.
Carl just went Long one unit at 1139.25
Monica,
I will likely leap out of TZA on a whim. It has not been kind to me lately. But for sure, if AmericanBulls issues a sell signal on it, I'm out.
Dreadwin, it's more like stupidity! I am stubborn as a mule and am sure I will pay a hefty price. I just think in the long term there are very few (you might be one of them) that can make money day trading.
I totally admire your guts and conviction. You may yet be right. I'm still in cash for my trading account, waiting for things to make sense again.
I see. Thanks!
I think it will coincide with some other indicators. In general, $RUT could care less about the 20.
Right now, it looks like AmericanBulls will have a BUY signal on TZA tonight, which will put me in TZA buy mode tomorrow. A dip then would be nice.
Dreadwin,
The last two times $RUT was in the area of it's 20 day MA, it blasted right through it like it wasn't there. Hard to see why it can be different this time, but I will be watching closely.
You mean you don't think he should hold it forever like me?!
If $RVX can close about the 20 MA today, you might want to buy TZA on the dip tomorrow. Sell TZA when $RUT touches the 20 day MA.