Stop hit today and out @ $41.85.
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I was wondering if your stop got hit today.
Bot TNA @ 35.80 today based on a recommendation from Trader Fred, whose system bought the closing price today.
I'm using this intraday rally to sell the rest of my TNA. Looks like I should have listened to Ebb and sold it all yesterday.
Sold rest of TNA @ 38.32.
http://www.etftalk.com/images/forum/120809a.gif
I will probably look to get long SSO or TNA again sometime on Wednesday.
Bot 1/2 position in TNA @ 37.84
Tom, are you thinking about dabbling back into gold on this pullback?
I'm watching the dollar. It looks like it (the dollar) is finding a little resistance here. I think gold can pull back to the 1000 area if the dollar continues to rally. If it doesn't, then I may jump back in gold.
Scottrade slapped my hand last week for trading unsettled funds in my IRA. I have to watch that. I have been trading TNA pretty well, jumping in and out of 1/2 positions at a time, but I guess too much. Since it's a 3X I get ansy and want to take profits quickly.
Still long TNA.