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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Saturday, 18 June 2011

TNA/Russell

TNA being a 3x bull ETF on a high beta index is ultra-sensitive to turns in risk sentiment.I do not see any sigh of a bottom yet.Maybe it will find support at 50% of the range,however the Russell close-only chart has a neckline break of an expanding top pattern


 



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