Monday, December 28, 2009

TZA update


An almost perfect play for move into end-of-year




Averaging about 5% per week since inception

7 comments:

  1. Anonymous7:50 AM

    what does the "5" mean?

    thanks

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  2. The "5" signifies an ending 5th wave of an Elliott Wave 5 wave decline. The treading system does not utilize this in any way whatsoever, but I find it helpful to keep a bigger picture structure on the charts sometimes, just for my own interest.

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  3. Anonymous8:14 AM

    thanks allan

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  4. Hourly BUY trigger is above 9.42. I am in "take all SELL SIGNALS mode, so this trade should be taken seriously as the next 45 minutes pass.

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  5. Anonymous8:34 AM

    sorry to ask but what do you mean?

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  6. "TZA" is a triple beta bear ETF, so a "Buy Signal" on TZA is equivalent to a "Sell Signal" on the underlying index, which in the case of TZA is the Russell 2000.

    I hope that is what you were asking and not, what does "Dance me to the end of love" means, because that answer would quite the undertaking.

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  7. Anonymous8:42 AM

    sorry i confused you but what i meant to ask was

    are you saying buy above 9.42? but the take all sell suignals confused me

    thanks

    ReplyDelete