Sunday, January 3, 2010

Mixed signals at end-year


A variety of signals rang at the end of the last trading day of 2009, including: R FACTOR CHANNEL START & JUMP'N TWO. Two TNA buy signals were replaced in the final moments by 2 TZA buy signals. Smaller than usual positions had already been taken in TNA before the final sell-off because of the long holiday weekend and because a NEXT DAY OPEN-HIGH FOR >3% signal also flashed. The latter signal suggests that one should buy whichever ever ETF (TNA or TZA) is up at the opening bell. The usual disclaimer remains in place.

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