Wednesday, August 19, 2009

Daily results Wedn, and why tna not tza?

TNA daytrades did well. Bought in at 35.08, 35.27, 35.36...and sold at 36.70, 35.64, 36.20.

Why TNA and not TZA today?
Well, On the TZA LONG chart in the post below, I suggested if TZA did not hold 15.93 support that it would go to 15.43. On Wedn, support broke at 15.93 and TZA made a low of 15.59 (close to the 15.43). Since TZA broke down, I immediately switched to its inverse, TNA.

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