Direxion Small Cap Bear 3X (TZA)

[Stern is Bald]

i'm back in but just a small amount...

[Stern is Bald]

You back into this?

[ArtVandalay85]

What goes on here? Is it time??

[surf1944]

There was fear yesterday, holding to see if more kicks in into these short funds!

[starbuxsux]

Where is everyone with their I told you so's? LOL

[TheyWantYourShares]

Out with RS.

GLTA

[ClayTrader]

* * $TZA Video Chart 02-25-2021 * *

Link to Video - click here to watch the technical chart video

[surf1944]

Getting some fear out there! One reason this moves so quickly for a short time, is that it is heavily shorted, once the worm turns there is a race to exit the short side. The short play in shorts funds works well, except for a major market reversal to the downside.

[warfaretrader]

reverse split 8:1 on March 2 2021, sold out today, this melt up is crazy. When this house of cards falls this play will be epic no doubt, and i dont think its far away.

[Stern is Bald]

Trade on market fear/ downturns and it's a fast sell when it does... it's the inverse of TNA... if you had bought right before covid you'd be sitting pretty..

[starbuxsux]

one stinky POS this is

[Emptyhead]

Buying TZA here

[surf1944]

The short funds only work at market tops, if you hold them for any time during a bull move in the market you will have losses. You need to check the past trading charts, they are a sink hole most of the time, again except for market tops. They only trade positive on panic/fear for short periods.

https://stockcharts.com/h-sc/ui?s=tza&p=D&yr=0&mn=46&dy=0&id=p38090673899

[starbuxsux]

I have in the money calls

[EddieBulls77]

How do you trade this etf?

[DrHarleyboy]

Yes!!!

[Stern is Bald]

Reverse swap soon?

[Crazedcracker]

GME/AMC.... Game Stop/A Market Crash ,NAKD,Short SQueeze good...Shorts bad ,all subliminal codings Illuminati conspiracy level mind control to trick the masses ,hidden language Game On!!!!

[Crazedcracker]

Been investing a year now,Turbulent yet very profitable year for a noob, but I’m getting a strong sense the markets running low on gas,too many fumes,this fund looks really intriguing as a great hedge,Obviously my odds of timing a market crash/correction is very slim,I’m out of energy sector,materials with Joe n Commi la mostly invested in small cap EV miners,block chain,Fintech,gambling,Rare Earths,logistics,a few BK,almost pink sheets,my question is can this be held for weeks/months until a rip without fees destroying its value,then when the near bottom hits jump into an upward momentum ETF like UDOW on the upswing?it seems crazy but it feels like having a 20% position that flip flops between short/long/cash could be a great hedge/actual money generator under the right conditions,but I’m sure there’s something I’m missing here

[Crazedcracker]

Been investing a year now,Turbulent yet very profitable year for a noob, but I’m getting a strong sense the markets running low on gas,too many fumes,this fund looks really intriguing as a great hedge,Obviously my odds of timing a market crash/correction is very slim,I’m out of energy sector,materials with Joe n Commi la mostly invested in small cap EV miners,block chain,Fintech,gambling,Rare Earths,logistics,a few BK,almost pink sheets,my question is can this be held for weeks/months until a rip without fees destroying its value,then when the near bottom hits jump into an upward momentum ETF like UDOW on the upswing?it seems crazy but it feels like having a 20% position that flip flops between short/long/cash could be a great hedge/actual money generator under the right conditions,but I’m sure there’s something I’m missing here

[Doubledown75]

I agree Harley
I thought this was nuts 5 years ago though also;)
Goodluck to us

[DrHarleyboy]

Been adding 2/12 $4.5 calls between .27 - .30 today

IWM Divergence is WAYYYYYY too hot!

[Doubledown75]

I’m in Russell goes straight up lol

[surf1944]

I am holding TZA currently, not down much yet, Feb is usually the worst month of the year, time will tell.

[DrHarleyboy]

Cronies going to Crony! Up up the market goes...on giving away trillions in free money...LOL!!! I got stopped out of 5/12 $5 calls I bought earlier @ .20!

Might start scaling in again here @ the 52 week low...

Grabbed a few 5/12 $4.5 calls @ .38 to start

[surf1944]

TZA was added this morning!

[warfaretrader]

markets, especially the Comp and Rut had a pretty good day, but imo the volume tells the bigger story. I'd be very surprised if we see the markets break to new high. Looking like we see the markets gap open, looking for it to get fading into. TZA

[Stern is Bald]

this might be the end of stimulas checks... when the market catches wind of that is when you'll see the unravelling....

[ArtieB]

I'm thinking one last push up to trap the bears, then trap the bulls.

[surf1944]

The market could unravel soon, if it does the short funds should be good for a few weeks!

[ArtieB]

Add to position early this week. Fireworks soon.

[surf1944]

The trading volume is getting ready, it should move to the 200 DMA once it it takes off!

https://stockcharts.com/h-sc/ui?s=tza&p=D&yr=0&mn=16&dy=0&id=p38090673899

[warfaretrader]

Totally agree, i finished adding to my position last week 500K shares at 5.35. Tomorrow could be the break above that 5.62/5.65 range and if it holds we'll see the 50ma quick! The TZA is the play for the next few weeks imo. TZA

[ArtieB]

DJI/SPX/NDX head fakes while RUT is red. TZA is going to be a big winner.

[TaxiCaT]

Bought in to TZA today at 5.35

[make it happen]

Think we reclaim the daily SMA's?

[DrHarleyboy]

Easy Pop to to sell those calls into! Thanks Boyz!!

[Stern is Bald]

How did you do in January-February w/ the TZA spike?

[surf1944]

The short funds are only good plays at market tops, it seems we are at another top, you see symbols like GME having ridiculous moves, it is time to go to cash or to short funds. I had three different penny stocks that were in my account for years at NO BID and finally out at big profits the past month. It is a toppy market.

[Stern is Bald]

What are you expecting?

[DrHarleyboy]

I think it's close to time!

[surf1944]

Bought a large position in TZA this morning!

https://stockcharts.com/h-sc/ui?s=tza&p=D&yr=0&mn=6&dy=0&id=p38090673899

[DrHarleyboy]

Added some 2/5 $5 calls here @ .36 this morning.

[make it happen]

Saying same thing. Once robinhooders and others start buying stocks on the flip side or dumping cause wild run ups. Switch hitters! Will be huge moves. Multi bagger for the 3x's. imho

[DrHarleyboy]

Nice Bounce Baby! I just grabbed a few 5 Feb $4.50 calls @ .54

[starbuxsux]

MARCH 19 $5 calls

[DrHarleyboy]

Is IWM ready to give up the ghost yet??

Have no TZA is here! I have 1/29 $10 calls @ .27 average, just in case something wild happens this week.

[starbuxsux]

It begins...

[DrHarleyboy]

TZA holding very strong today...looking forward to next week!

[DrHarleyboy]

TZA Breakout imminent??

Hourly is pointing that way!