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JimVanMeerten (63.06)

Today is the day for TNA

Recs

1

May 10, 2010 – Comments (1) | RELATED TICKERS: TNA

Today is the day to make back any losses. Buy TNA at the opening.

Jim Van Meerten is an investor who writes on financial matters here and on Financial Tides. Please leave a comment below or email JimVanMeerten@gmail.com

Disclosure: I do hold positions in TNA

1 Comments – Post Your Own

#1) On May 10, 2010 at 8:51 AM, TSIF (99.96) wrote:

By the time you buy, pre-hours or on the open, it's already going to be up the 12% you could have gotten had you taken this play on Friday afternoon. .

Buy into TNA ONLY IF you think the RALLY will continue higher than the 4% we are already seeing, but don't be surprised if some traders pocket the morning rally and go hide again.  

We may not get the full losses back form last week with Fanny Mae, the oil spill, and the computer glitche from last week still filling the air.

Good luck.

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