Seeking Alpha
  • sailfast17
    any thoughts on TZA? as I am going long for the next 30-90 days
    7/9/12
    Reply (5)
    • Perkins Cove: It will trade between 20 and 17, and is subject to decay ( Direxion 3x ETF) Daytrade only, or short when up.
      7/9/12
    • nedthebull: My stock guru guy is basically holding 30% of the portfolio TZA until Europe gets itself straight...whats your thinking in holding it?
      7/10/12
    • Perkins Cove: "until Europe gets itself straight". Wow, that could be a long time, and in the meantime TZA is decaying. I would not hold it that long.
      7/10/12
    • Ocean Man: Better to short TNA if you can find shares.
      7/10/12
    • sailfast17: Thanks for the tips. I think Europe will burst in the next few months, so holding it until it reaches 25 at least, stop loss at 16.
      7/15/12