Quote:
Originally Posted by Vanity
Hrmm, TRIN sitting around 2-3 from yesterday. Should be interesting seeing 5-6 this week. Spx futures down to 1074-1077 levels ATM. Euro took a nose dive. Let's make some money people!
I'm expecting no significant buyback rallies until we hit closer to 1020-30 ish, thoughts ?
Bernanke just released statement saying the Fed will be prepared to help the economy if it has to. Mact, you still holding your TZA?
|
still have all my TZA but when ES was at 1070 hedged with SPY calls and glad I did...there is alot support at 1070 so might take a few tries/bounces before this breaks...once it does, 1020 is the target where I cover shorts.
You will know its time to get long cause NEWS will drive it and shorts who dont switch will get their face ripped off..
