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Replies to #898 on Andy Bear Picks
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surf1944

04/18/13 10:46 PM

#899 RE: MisterEC #898

I am short TNA & TQQQ... The short funds to buy on weakness would be TZA, VXX, SRTY, QID & SQQQ. If the markets really drop, the long ETF funds will return a quick profit, so they can be shorted.

You can have a bounce at any point now, but this slide should move down to the major averages 200 DMA....

The NAZ has shown the real weakness, the DOW & SP500 have more % to drop....

http://stockcharts.com/h-sc/ui?s=vxx&p=D&yr=0&mn=6&dy=0&id=p90029751166

http://stockcharts.com/h-sc/ui?s=djia&p=D&yr=0&mn=6&dy=0&id=p90029751166