06-20-2012, 01:52 PM
I think we are at a high end of this trading channel too. A little bad news from g20 or feds or jobs or GDP, or you name it, will send the sellers in.
Honestly Ive been sort of stuck in a non-movement phase. Not sure why but haven't been triggering on ideas e lost money. I didn't buy BAC when I thought I should, being nervous about the new stress levels, and I lost a $& to $8 swing. SAme on the TNA when I thought the channel was low. I didn't do anything. Lost a good 20% gain.
Not sure why. Its like the news and the market are not adding up for me. I do think that a TZA might be a good short term point right now.
Honestly Ive been sort of stuck in a non-movement phase. Not sure why but haven't been triggering on ideas e lost money. I didn't buy BAC when I thought I should, being nervous about the new stress levels, and I lost a $& to $8 swing. SAme on the TNA when I thought the channel was low. I didn't do anything. Lost a good 20% gain.
Not sure why. Its like the news and the market are not adding up for me. I do think that a TZA might be a good short term point right now.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi
