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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (5914)	6/18/2010 3:09:13 PM
From: livelongandprosper	Read Replies (1) \| Respond to of 223912

GZ: still looking at a mini-pullback to 1085ish? I still hope to load up more there.

To: GROUND ZERO™ who wrote (5914)	6/18/2010 6:54:23 PM
From: giddy guru	Read Replies (1) \| Respond to of 223912

UWM is 2x and TNA is 3x move on a daily basis. Longer term most of these are depreciating assets except for the pure 1x ETFs. Here are the comparisons for today UWM +$0.08 (0.25%) TNA +$0.18 (0.37%) The change for the day is same considering 2x and 3x ratio But the range was lot different. UWM $0.86 (31.22-32.08) TNA $1.96(47.41-49.37) Clearly in a low volatile day like today, TNA had a bigger range and it is a great vehicle for day traders. TNA or UWM, it doesn't matter as long as you bring home the bread. /giddy