TZA nibble ?

Discussion in 'Stocks' started by spreadem, Dec 21, 2009.

  1. I'm taking a position in TZA ... extremely oversold anybody else?
  2. The lower it goes, the more "bullish" it gets. :cool:
  3. I prefer to see the corpse twitch once or twice before I re-issue his social security number. TZA is kind of a limbo contest isn't it:
    New all-time lows and no visible support of any kind that I can see.

    If I had the burning itch to go long, I'd probably be buying some puts along with it just in case.
    It's a more likely candidate for a short on a rally in my opinion.
    My $0.02
  4. S2007S


    If there is absolute support then it's time to go all into TYH, guess that's good for another $150+ to the upside. When a trade becomes to easy it's time to take notice of what's coming.