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Looks like trading over all is picking back up people are getting back from lunch time slowdown I guess,Im back to even on TNA for the moment , would love to see the 40.00 mark on it today
Posts: 1986 | From: Florida | Registered: Mar 2006
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ya leave for a couple of minutes and you never know what to come back to..the DOW is kicking our ass big time...MSFT is holding steady for now
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Hey Morpheus , On ETFs are they fixed directly to the dow, for example would TNA be exactly 50 bucks if the dow was back to 9000 ? Might be a stupid question but I do need to research how they are run..
Posts: 1986 | From: Florida | Registered: Mar 2006
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MSFT has really picked up the last 30 minutes in volume I have my last 100 sh for sale at 21.50. that would give me another 100 up from yesterdays up as well..
Posts: 1986 | From: Florida | Registered: Mar 2006
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TNA is for..The Fund seeks daily investment results of 300% of the price performance of the Russell 2000� Index. The Fund seeks creates long positions by investing at least 80% of its net assets in the equity securities that comprise the Russell 2000� Index.
and ERY is for..The Fund seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Energy Index. The Fund seeks to creates short positions by investing at least 80% of its net assets in Financial Instruments that provide leveraged and unleveraged exposure to the Energy Index.
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Well dow back to -250 insted of -350, might get a little excitment today you never know how fridays will be..
Posts: 1986 | From: Florida | Registered: Mar 2006
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I hate the way that scottrade show a negative balance if that stock is down , even if you bought at bottom it will still show that your down from that days high , until the next day my account shows down 500 but I am only down about 75 because of MSFT and F right now so it always gives me a head shake when I pop up the home page on scottrade until I look at the real balance..
Posts: 1986 | From: Florida | Registered: Mar 2006
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20 more minutes till "the mighty bald one" is plastered all over the tube and feeding us lemmings more BS..im gonna lighten my load a little
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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I probably will , I would make 50 bucks on it, better than a kick in the head loss..It does not look good for the dow today.....I thought yesterday would put more steam into trading today but it didnt..
Posts: 1986 | From: Florida | Registered: Mar 2006
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quote:Originally posted by Morpheus: 20 more minutes till "the mighty bald one" is plastered all over the tube and feeding us lemmings more BS..im gonna lighten my load a little
Well yesterday I was ready for the market to hit the dumper went mr pres was on too..But you never know ..
Posts: 1986 | From: Florida | Registered: Mar 2006
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you gotta be fast in this market..im gonna take a profit on TNA about now...for you info
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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I still have my finger on the trigger it hit 37.40 and might head up a little more ...I was tring to re-set my sell for 37.75 and it hit 37.50 .....will probly hit 45 now...SO I am out for 74 $ profit but now up over 38...That sucker is gonna hit 40 at least ..
Posts: 1986 | From: Florida | Registered: Mar 2006
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i put in a market order right at 38.44 and got 38.32 whatever it was moving fast
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Good out on that one Morpheus ,, Thanks for making me 74 bucks to add to my account today I like these ETFs now..
Posts: 1986 | From: Florida | Registered: Mar 2006
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now i just need uyg and MON to make a move up...and today will look pretty good
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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im gonna play ERY on the rebound ...this will hedge my other longs..
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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TNA now up from where we bailed..but any profit in this market is good by me..
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Still an hour left I was thinking about a big shakeout get back into TNA for another flip if it dips..Friday shakeout coming soon..
Posts: 1986 | From: Florida | Registered: Mar 2006
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