Tuesday, July 9, 2013

Holding

Nothing new today, beside the usual short bleed. All systems remain short. FWIW, the JTS is generating a strong short signal. I would love to be opening a short position today. I will continue to hold. Take care!
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4 comments:

  1. AnonymousJuly 9, 2013 at 4:53 PM

    thanks

    ReplyDelete
  2. UnknownJuly 10, 2013 at 3:04 PM

    Even with SPX red, TZA is still bleeding...

    ReplyDelete
    Replies
    1. RealMoneyIssuesJuly 10, 2013 at 3:48 PM

      TZA is based on Russell 2000 index, different stocks, behave slightly different...

      Then add the 3x ETF bleed (they tend to go towards $0)...

      Another ugly day for shorts. I sold all mine, so I am no longer bleeding. Lots of people calling for all time highs next week... good luck

      Delete
    2. UnknownJuly 10, 2013 at 5:26 PM

      more bleeding afterhours, now down more than $4 on TZA this trade, can't even look at UVXY

      Delete

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