Replies to post #44922 on "House of Pinchers" (Pinch)

[cytis]

watch the short derivitives of the broad market like FAZ, TWM, TZA, SQQQ ect - they are starting to form a pinch of their own - meaning we probably are going up in the short term (next few days or week+, however, I am growing increasingly cautious of a turn around as I watch the pinches tightening on those shorts. just my opinion- Ill be watching them and looking for buy indicators on those as it will signal to me time to unwind some of my long positions for a little while-