Hey Port, So I guess the constantly dropping VIX doesn't impress you too much? I don't know if I'm a bull or a bear right now, but I have heard there are a lot of signs that the market could be reversing and if so, we should expect to see the Russell and Nasdaq act stronger. What do you think?
right now the 50 dma has serves a brick wall thus far. the spy,dia,qqqq. PORT is probably loking short because he continues to see weakness as i do. untill we start going the other way,my bias will continue to be to the short side.
We are now up on the TZA. Its time to get into this trade ASAP before it explodes higher. Free money here. Free money. When it does explode higher and reaches the extreme point then its time to get on the ultra-long, but not yet.