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Strategies & Market Trends : TRADING TNA and TZA ONLY
TNA 45.95-2.5%Oct 30 5:00 PM EST
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To: TREND1 who wrote (12)10/7/2014 12:57:30 PM
From: Fintas  Read Replies (1) of 58
 
That's where experience comes in to keep it real. Lot of guys use the 1 box retrace.
And I'm no day trader. I just set targets and then consider a reasonable time frame. Whether it be BAC to 25 or SPX to 1458.

Hmm that appears to be a conflict. HMM oh that's right.. I've a BAC back to 14.58-1.62=12.96 before that 25. And that would make sense given where the banks are in the bell curve: Too far right. Especially when one considers the crap that is going on with them re Dodd Frank and other. BUT I digress.

If you read me enough you will notice I use other parameters to double check. That's why I consider the tech indicator charts or bell curve. Many use other indicators they are familiar.

And I never forget FA or the EVENT.

It's how I understood to step out of SEAGATE and step into GLW.

So we shall see. HOW TNA does. I was surprised though to see you were considering TNA and not TZA. So that suggests you have a bullish side for the SPX etc.

Keep doing your thing. I like the charts you present.

I'm just providing some fodder.

If it bothers you let me know and I will stop. OR can do so PM where it doesn't appear I'm contradicting. I'm not. I can see that up and the trader can catch it. BUT I also see the longer view down that ties to my view re SPX etc.. A healthy retrace is coming.

Fintas
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