Unique swing trading signals and stock market commentary.
Tuesday, July 24, 2012
All systems remain long...
JTS, CCI, and JT Comp remain 100% long. I took a 1/3rd position in XIV this afternoon and will add to it tomorrow should we see more weakness. I'm expecting a rally to finish out this month, likely lasting into early August. Thanks!
getting our ass kicked after hours
ReplyDeleteThanks, Apple.
ReplyDeleteOK, looking better this morning...
ReplyDeleteJ: Any thought on using SQQQ on short trades since it is hard to get TNA shares short?? Been watching it and it seems to react pretty well.
ReplyDeleteThanks
Why not buy TZA?
DeleteU can but SQQQ moves more than TZA which gives you more of a return.
DeleteOr more of a loss...
DeleteThat is true.
DeleteYou might want to think about changing brokers. IB almost always has shares of TNA to short, plus their commissions are dirt cheap.
ReplyDeleteThanks Algyros
ReplyDelete