Right Side of the Chart

...because anything to the left is history
Mar 222013

Here are the 4 hour period charts of both TZA and IWM, which of course are near mirror images of each other.  As I expect the likely upcoming pullback to be relatively swift, I have opted to use the 3x leverage ETF as the preferred [continue reading…]

 March 22, 2013 2:35 pm  Equity Market Analysis, Trading Tips Tagged with: ,  Comments Off on TZA & IWM targets
Mar 222013

Of all the major US indexes, the $RUT (Russell 2000) looks poised for the largest percentage drop.  I still prefer trading the best looking individual stock setups vs. the broad indices but if I were to pick a favorite short index etf right now, it [continue reading…]

 March 22, 2013 10:51 am  Equity Market Analysis Tagged with:  Comments Off on Russell 2000 Scenario