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10 pts

Opinion on Small Cap Bull 3x (TNA)
Market Technicals are Bearish!

Jan 14, 2009 03:57 PM GMT

Darth Vader

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The S&P 500 closed below 850 on Wednesday, Jan 14, 2009. We have bounced off 817.04 on Thursday, Jan 15. We still stand a pretty good chance of testing the November 20, 2008 closing low of 752.44. All the major indices have broken down technically. They all could fall a further 5-10% from today's levels.
I would expect to see a 5-8% bounce off the lows before going lower.

TNA: This call was made on 01/14/09 @ $26.23

Rating:	$26.23 (01/14/09)
Closed:	01/20/2009 @ $25.18 (+4.00% in 6 days)
Target:	$20.00 (-23.75%) in One month

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Darth Vader

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Small Cap Bull 3x (TNA)

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Darth Vader previously rated TNA

+13.10%	Bearish on TNA ... 11/10/2009	0
+4.92%	Bullish on TNA ... 11/09/2009	0
-9.34%	Bearish on TNA ... 11/05/2009	0
+0.84%	Bullish on TNA ... 11/03/2009	0
+13.56%	Bearish on TNA ... 10/28/2009	0
-15.79%	Bullish on TNA ... 10/19/2009	0
+1.09%	Bearish on TNA ... 10/15/2009	0
+11.37%	Bullish on TNA ... 10/06/2009	0
-24.44%	Bearish on TNA ... 09/03/2009	0
-22.47%	Bearish on TNA ... 07/21/2009	0
+17.68%	Bullish on TNA ... 07/14/2009	0
-10.12%	Bearish on TNA ... 07/10/2009	0
-25.13%	Bullish on TNA ... 06/08/2009	0
-49.40%	Market Technicals are Bearish! 04/15/2009	9
+19.60%	FASB Announcement Change Mark to Market! 04/01/2009	9
+3.87%	Bullish on TNA ... 03/23/2009	0
+0.00%	Bullish on TNA ... 03/23/2009	0
-18.23%	Bearish on TNA ... 03/16/2009	0
-16.06%	Short Term Market Rally! Why Wait? 02/20/2009	1
+12.17%	Bearish on TNA ... 01/21/2009	0
-3.66%	Short Term Market Rally - Long Ultralong ETF's 12/07/2008	1
-4.27%	Bullish on TNA ... 11/17/2008	0

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Opinion on Small Cap Bull 3x (TNA) Market Technicals are Bearish!

Opinion on Small Cap Bull 3x (TNA)
Market Technicals are Bearish!