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Re: Y worry Murray post# 9913

Wednesday, 09/19/2012 4:06:22 PM

Wednesday, September 19, 2012 4:06:22 PM

Post# of 12809
I don't know anything about the TNA except what I see on the charts. It hit its high back in 2011.



It's a bullish trading vehicle that is supposed to give you 3 times the bang for the buck on a daily basis. Swing trading a 3 times long or short trading vehicle loses its attraction for me in any period longer than a single day.

In fact I would not touch it at all. It is useful looking back on it though as it does illustrate on a longer term chart that not all is well in small cap land. That does not mean you can't make money trading it. I would just stick to a day trade.

RtS

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