I made a ton off TNA and I sold right after the bump after BP news and Intel....;)
However, I'm not so sure that the markets are going down just yet.
I'd even think about wagering a possible double top by mid August....
Just a hunch, but I'm playing cautious. Something is telling my gut that the housing data this week won't offset decent earnings and Europe is going to fluff the bank data on Friday.
Everything is in cash ready to pounce. I am really lovin' these 10% tna/tza daily swings.
If what I think holds true, 4th quarter will doom the market.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.