I sold 20,000 TNA, north of $31.
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Joined Nov 10, 2007
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I like T n A too.
1:13 in:
http://www.youtube.com/watch?v=DP7UG1BfH2E
Fly, even with oil up over 4 bucks XOM and CVX are off their highs and may roll over soon for a trade. Do you like DUG here?
You should have sold FAZ and kept TNA. We are still in this tight trading range. I suspect the initial breakout/breakdown will be false followed by a sharp move in the opposite direction. Perhaps a drop below Dow 8600 followed by a move past 9000.
im buying oil at end of week or on monday. it has reach bottom @40 a barrel. and the fact remains TNA is going up tomorrow. FAS going up tomorrow. CAP has it right were still in trading room