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With all these idiots waving the bull flag and watching a good number of bears recently turn bullish, this only tells me that the tide is about to turn. And when it does, it's going to be very violent. If I have to, I'll buy more TZA if it drops below $20.
My shorts are under water for the most part but I feel very good about them. There's nothing good out there to keep this market floating.
Call me crazy but I'm still holding my shorts and just added a boatload more TZA here at $22.75
You got that right. That's why I don't follow them. But then, the Fagoneers? Now there's some real queers.
I'm all over TZA right now. Bought a ton today at $22.75.
Sold mine late spring 2007. How good was that timing?
Why not? It's Octoberfest week! Drink up!
Tomorrow, a ton of economic reports is due out. Watch for a few of these to start the crash. Here's the chart that says it all. Watch for those idiots to try to blow it off and say it's just profit taking. Lots of people are about to lose their asses. But not us shorties. Man oh man... it's been a long time coming but it's going to be so worth it. Bring on the debt crisis! Cha-ching!
I remain short. The big drop is still coming. Mystery buyer will show up again on Thursday but that won't help. It's a quick fix.
Yup. Bonus buy today. I'm all in.
I remain short. Expecting many triple digit losses to start very soon. I'm going to push all in at this point.
And still no jobs.
Then we'll be in for some serious $$$.
Lookie at TZA goooooo..... cha-ching! Another round trip to 40+ in the making. Come to papa! This ETF is getting to be too easy.
You still in? I'm back in as of today. Watch for the head fake as the market goes down down down.
Shorting with inverse 3xEFT TZA at 27.80
Time to go short again.
You better believe it. Today, I re-loaded TZA at $27.80. Show me the moneyyyyyyyyyyyyyyyyy!
All I can say is..... timmmmmmmmmmmberrrrrrrrrrrrrrrrrrrrr
Just hanging. Working mostly and just holding all my short positions. Gotta love that Obamanomics. Perfect for making a ton of money on the down side. How you been?
I'm still holding my boatload of TZA from $30.
Speaking of Kirk, what do you get when you cross Mr. Spock with Captain Kirk?
Those are my two favorites, too. And right now, I'm loaded to the gills with TZA. I see the markets taking a serious nose dive right here. Then, it'll be back to TNA.
Yup... just wait for the fourth quarter crash. With the capital gains tax rising next year and an increase to that due to Obama-care, people are going to be dumping their stock like crazy. TZA will again be a great one to hold. 10% swings per day? Yupper! I'll take that any day of the year.
That one in Ontario made the buildings here in Boston sway.
Shortie is feeling pretty good.
I did that two years ago. I'll be going all out in the short way in about a month. It's just a matter of time when all this future spending will come home to roost.
The drop should start around mid July. I'll be loading my shorts again in a few weeks. Yes, 6000 is very possible.
Market commentary:
Looking here for the S&P to retreat a bit before a push to the 1150-1170 area to complete the right shoulder. Then, it's lights out at the markets will crash.
I haven't been posting lately because I was enjoying watching the markets tumble just as expected and right on cue. Maybe a little later than I wanted but the charts still show right in line with what has been expected all along.
Me and spaz this same person? LMAO! Whatcha' smokin', bucky?
I have updated my charts. I'll be posting them in the near future. The markets are playing out as the technical analysis has shown.
Bears have control
FAS? I don't think so.
Correct