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Looks like the 60 min finally went -ive on the MACD … so some downside for now …

Omnious – but would murder options with theta decay …

Yes – you also looking for a crash soon Rip ?

The last time TZA was at 20 – iwm was at 48 … we are at 66 right now … so you are talking about a crash scenario ?

You could see that tomorrow.

If the market doesn't gap up, that is.

Look at SPY compared to late 2007 — very ominous
http://www.etf-corner.com/markets/2010/06/spy-h

At least some selling tomorrow on the news then they may try to take it up again to kill all the june puts.

Why is that … ie TZA to 15-20 ?

I was looking for a move to 7.15-7.4

I understand fundamentals and not really sure about shapes on graphs and that but i have learnt a lot from you guys thanks – I might be missing something really basic here but i look at all the international indices and all i can see is huge bear flags everywhere, even today the upper level of said flag is very well respected – if I am right then its down tomorrow