I'm still holding my TZA from the last TZA buy lol. I'm at a slight loss still so I'm glad to see the signal go back to short. Hopefully I can get out of the small hole that I'm in.
Thanks for finally going short. I think that is what the markets were waiting for !
Apparently, the market didn't like that the BOJ kept their current easing policy in place. Who knows, maybe it was just time to have a little more selling so that more good hype could come out and make the sheeple believe the market will rebound. Sheeple will then buy the dip (institutional distribution)... Big drops could come real soon... (Aug 2011)
My trading portfolio has a long bias with little conviction, due to J-System's current signal. 29% is in TZA. But this morning 8:53 a.m. after that gap down, bought TNA @ 48.29 (39% allocation). 32% of my portfolio is in undiscovered momentum stock, BBSI.
This market can't make up its mind. Straight up, vertical dive, now another clawing climb, but now stalling... all in the same day. If anyone has it figured out, let us know.
Thanks J. I've never been to Hilton Head, but I've heard great things about it. Enjoy.
ReplyDeleteHave a good vacation J
ReplyDeleteI'm still holding my TZA from the last TZA buy lol. I'm at a slight loss still so I'm glad to see the signal go back to short. Hopefully I can get out of the small hole that I'm in.
ReplyDeleteThanks for finally going short. I think that is what the markets were waiting for !
ReplyDeleteApparently, the market didn't like that the BOJ kept their current easing policy in place. Who knows, maybe it was just time to have a little more selling so that more good hype could come out and make the sheeple believe the market will rebound. Sheeple will then buy the dip (institutional distribution)... Big drops could come real soon... (Aug 2011)
My trading portfolio has a long bias with little conviction, due to J-System's current signal. 29% is in TZA. But this morning 8:53 a.m. after that gap down, bought TNA @ 48.29 (39% allocation). 32% of my portfolio is in undiscovered momentum stock, BBSI.
ReplyDeleteWell, it seems dip buyers are back in full force, so that TNA buy could keep you hedged from your losses in TZA.
DeleteCongrats, I wasn't quick enough to buy this morning on the dip before the bounce.
This market can't make up its mind. Straight up, vertical dive, now another clawing climb, but now stalling... all in the same day. If anyone has it figured out, let us know.
ReplyDeleteJKH has, but he only tells you after the fact.
Delete