Who has been buying TNA??

Discussion in 'ETFs' started by tnalover, Feb 25, 2009.

  1. tnalover

    tnalover

    As the name suggests I love this ETF. TNA is 3x bull the Russell 2K index. Im bearish as all hell and have been shorting everything from financials to retailers but this thing is wild. I have my eyes on this thing badly waiting for a bear market rally. Its at 16.80 now but once we put in a temporary bottom and have a 15% rally this thing will FLYYYYYYYY.

    I traded it 3 times today alone.

    Any suggestions on a great bull run with TNA?/
     
  2. I'm long as of now. Not a daytrade and will average down/up for a technical bounce.
     
  3. auspiv

    auspiv

    i'm long tza, which is the 3x small cap bear

    up 15% today
     
  4. S2007S

    S2007S

    Bought some TNA for my IRA, thinking a bounce back to $16 is coming. Im very bearish but I do know about bear market rallies and I also know that on days like today you buy in instead of sell.

    TNA price target $16.


    Sold my TZA a little early in both my IRA and trading account in the upper 70's last week. Will buy back those shares under $60 sometime over the next few weeks.