Gotta love ZERO RISK in the SP500 = $$$

[i960]

IMO every "rally" is a pump to fill those shorts.

 

[Nine_Ender]

My TNA is finally up huge...up 4% on it...looking to sell into the close...but knowing my luck I sell and it rallies another 3-5% by Friday on Greek news and jobs report...who knows...

Unfortunately, you have no real plan and also own TZA. When TNA goes up you lose big on TZA.
If markets stay fairly flat you lose on the inevitable degradation of triple etfs. I looked at a previous thread, two of you were trumpeting TZA at 10.85. It's now 9.59.

A 4% gain on a triple etf is to put it mildly very small. It's not a "huge" return at all.

 

[S2007S]

Unfortunately, you have no real plan and also own TZA. When TNA goes up you lose big on TZA.
If markets stay fairly flat you lose on the inevitable degradation of triple etfs. I looked at a previous thread, two of you were trumpeting TZA at 10.85. It's now 9.59.

A 4% gain on a triple etf is to put it mildly very small. It's not a "huge" return at all.

Yes I still own TZA....have traded TNA twice...not worried about TZA...a simple 7-10% correction which is coming will take TZA straight to $14+

Ill keep you updated....once the markets touch October 2014 lows TZA will gain huge

Im down about $2.00 A share on it...not worried one bit.

 

[hajimow]

Thursday will be ugly. China down 4.5%. DOW will be down 300 points.

 

[romik]

Wait out and buy then

 

[Rickshaw Man]

SP500 index futures down 11.00 don't worry, by lunch we will be at the highs of the session and "WELL OFF THE LOWS"

 

[Rickshaw Man]

Don't worry they wont let it fall, this is a centrally planned market, free markets are gone. What we have now is sunshine and lollipops.

 

[Rickshaw Man]

There will not be a down day in the land of perfect.

 

[Nine_Ender]

From September 9th, 2009 :

Confirmed months ago, of course its always confirmed after the fact, what if someone gets long at 1030 and sits there until 950, thinking its headed back to 1030 maybe even 1100 and it continues to fall apart....of course after the fact the s$p is back at 824 will people start saying the sell signal was confirmed months prior, yet the individual at the time had no clue.

This is a bear market rally, there isnt anything to keep it propped up but monopoly money and historical low interest rates, people better be hoping and wishing that when they take all that away the market can still stand on its own. Market cant stand up on its own and wont be able to for a really long, long, long time.

 

[Tavurth]

Looks like a turn for the better, if we're able to stay above the lower TL