I'm guess you are still short, and today closing positive was needed to reset the “consecutive down days in a row” pattern, allowing for Monday to go down as well.
I think a lot of people are bullish right now, as I see many looking for a big bounce up on Monday and Tuesday. What are your thoughts?
Yeah I was thinking the same thing but DRV was even worse. WHat good is a dropping market if you can't fully capitalize? ANy other good ideas out there?
I'm guess you are still short, and today closing positive was needed to reset the “consecutive down days in a row” pattern, allowing for Monday to go down as well.
I think a lot of people are bullish right now, as I see many looking for a big bounce up on Monday and Tuesday. What are your thoughts?
Dow jones end of day analysis
http://niftychartsandpatterns.blogspot.com/2010…
Use the 1X Short funds. Thats what I do.
🙂 LOL
Trouble is I can't short/margin in my IRA accounts so I have to BUY something to go short.
http://www.screencast.com/users/has001u/folders…
As promised. 60's are doing there cyclical dance!
Stay away from levered fund unless your time horizon is very short!
How many people went long today, into bullish Monday? Anyone brave enough?
Yeah I was thinking the same thing but DRV was even worse. WHat good is a dropping market if you can't fully capitalize? ANy other good ideas out there?
The new and improved TZA hardly responded to EOD action. Crap, I need a new -3X ETF.