Tuesday, 13 December 2011
Not much to say, I had a mental stop on TZA at 27.50 and it was executed at 10:35 ET. The market is scheduled for a short term trend change on the 15th. Based on the pattern I see at this point, (things change and evolve), the market should head higher to the end of the year. I don't like trading against the trend of greater degree and that trend is down. I am going to see what the market set up looks like in the next couple of days.