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Upwards chop........


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#1 eminimee

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Posted 27 July 2012 - 03:36 PM

first downside target...1280/1300

#2 selecto

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Posted 27 July 2012 - 03:51 PM

I am short near the close - actually long TZA (3 x bear RUT) as neither Schwab nor Scott had shares of TNA (3 x bull RUT) to lend. Is there a message there?

#3 TTrader47

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Posted 27 July 2012 - 04:03 PM

I am short near the close - actually long TZA (3 x bear RUT) as neither Schwab nor Scott had shares of TNA (3 x bull RUT) to lend. Is there a message there?


Scottrade appears to have some lending problems the last week or so. Tried to short some leveraged instruments on either Tuesday or Wednesday and had troubles...

#4 selecto

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Posted 27 July 2012 - 04:36 PM

I suppose that I should add that the trade is off the 60. I can't see too many indications of weakening or zoning mo on the daily.