Yeah, I think I was a couple days early for this one, it figures usually the par sar flips on a Friday for the market unless I own this. LOL
For some reason the par sar flipped on the DOW yesterday and flipped back today, WTF? The market must know I bought TVIX. Its ok shouldn't be to long before the market "corrects" so I shouldn't have to hold this to long. And it bounced off of the 52 week low of $2.36 today so I'm probably safe at what I paid? Probably be able to sell in a couple weeks.
I don't know, the DOW looks strong, the ADX line caused the bounce and the second PAR SAR flip, but, at the same time, it is already overbought on the daily, and, near overbought on the weekly, so this is difficult to analyze. Mixed indicators.
I guess it depends on what kind of news comes out this week, probably won't have any thing "bad" because its a holiday week, I forgot about that this week is probably the time to buy some for the chart to correct before the Santa Claus rally? And that being said I don't see the market dropping to much before it starts back on the rise for that rally?
I forgot to factor the holidays in, dagnabit! I will look to sell towards the end next week or the beginning of the following week after next week.
Might be better gains to buy the end of year for the next "correction" ?
I would advise to avoid trade the DOW or TVIX, as they are giving mixed signals. I don't know if the DOW will rally or correct, this year everything is different, usually the market is very good on October and November, until the middle of December, and, this year I am not seeing any good runs like uisually, anyway, take a look on the new topics I've opened on the OTCBB board, BLTA looks ready for a good run, also BIGG and NHMD look strong, so I advise to go with them, instead of indexes.