MrJohnRoss' Account Talk

[MrJohnRoss]

URTY vs. TNA

For those of you who trade ETF's in your IRA's or 401k's, this info may be of interest to you...

So long, TNA/TZA, I found a better horse to ride. See chart below:





TNA is the 3X Leveraged Small Cap Bull Fund. I compared this ETF to URTY, which is the 3X Leveraged Russel 2000 ETF.

The above one year graph is the RELATIVE STRENGTH of URTY compared to TNA. (URTY divided by TNA). It's obvious that URTY has outperformed TNA over the last year, as the general direction of the line is sloping higher. Just dividing the current 20 day average compared to the 20 day avg from a year ago, shows at least a 12% improvement of URTY over TNA.

Whether this is due to lower internal costs of URTY or just better performance, it doesn't matter to me. I just want the most bang for my buck.

That's why I won't be using TNA or TZA again any time soon. If you've used these ETF's in the past, you may want to consider something new.

By the way, the 3X downside R2K ETF is SRTY. These two ETF's will be my new best buddies in my 401k and IRA's for trading purposes.

Good luck!

 

[sniper]

Re: URTY vs. TNA

good stuff JR, didn't know that, i sorta stuck with TNA/TZA but will be looking at these as well.

 

[MrJohnRoss]

Re: URTY vs. TNA

Remember the chart of the $SPX/$VIX I posted a few days back? Here's an update:





With the $VIX at 5 year lows, and the markets at 5 year highs, we've gotten stretched even higher on this ratio. This will not keep going on forever. The next move for the markets is down, obviously. The only question is, when and how much, and for how long. Personally, I think we're due for at least a minor pull-back. It would be healthy for the market to take a little plunge, cool off a bit, then resume it's upward climb for a while longer. If and when this happens is anyones guess. Perhaps AAPL will splash some cold water on this rally after the market close.

Good luck!

 

[MrJohnRoss]

Re: URTY vs. TNA

Interesting article:

"What in the world is China up to? Over the past several years, the Chinese government and large Chinese corporations (which are often at least partially owned by the government) have been systematically buying up businesses, homes, farmland, real estate, infrastructure and natural resources all over America. In some cases, China appears to be attempting to purchase entire communities in one fell swoop. So why is this happening?..."

[h=1]Does China Plan To Establish “China Cities” And “Special Economic Zones” All Over America?[/h]

 

[RealMoneyIssues]

Re: URTY vs. TNA

Interesting article:

"What in the world is China up to? Over the past several years, the Chinese government and large Chinese corporations (which are often at least partially owned by the government) have been systematically buying up businesses, homes, farmland, real estate, infrastructure and natural resources all over America. In some cases, China appears to be attempting to purchase entire communities in one fell swoop. So why is this happening?..."

[h=1]Does China Plan To Establish “China Cities” And “Special Economic Zones” All Over America?[/h]

Interesting article...

 

[99percent]

Re: URTY vs. TNA

Interesting article:

"What in the world is China up to? Over the past several years, the Chinese government and large Chinese corporations (which are often at least partially owned by the government) have been systematically buying up businesses, homes, farmland, real estate, infrastructure and natural resources all over America. In some cases, China appears to be attempting to purchase entire communities in one fell swoop. So why is this happening?..."

Does China Plan To Establish “China Cities” And “Special Economic Zones” All Over America?

"Well, let's see, we can buy this steaming pile of mud huts on the edge of this backwater in Third Worldia or we can buy this nice farming co-op in Iowa...hmmmm"

Those commies are turning out to be pretty good little capitalists.

 

[MrJohnRoss]

Re: URTY vs. TNA

"Well, let's see, we can buy this steaming pile of mud huts on the edge of this backwater in Third Worldia or we can buy this nice farming co-op in Iowa...hmmmm"

Those commies are turning out to be pretty good little capitalists.

True. And us capitalists are turning out to be pretty good commies.

Welcome to the "New Normal".

 

[99percent]

Re: URTY vs. TNA

True. And us capitalists are turning out to be pretty good commies.

Welcome to the "New Normal".

Hail to our new Overlords! :laugh:

 

[RealMoneyIssues]

Re: URTY vs. TNA

Hail to our new Overlords! :laugh:

New?

 

[MrJohnRoss]

I'm thinking of a new investment opportunity...

Creating a new "University" to teach American's how to speak Chinese. Might come in rather handy some day.

 

[MrJohnRoss]

Thank God for technical analysis. We saw this coming weeks ago, didn't we? Not the least bit surprised...

 

[sniper]

nasty looking chart. 350 here we come

 

[coolhand]

Sure looks like one of the high flyers is now broken. Hard to imagine it won't make a comeback at some point though. But not yet.

 

[MrJohnRoss]

Wouldn't be surprised to see a dead cat bounce in the next few days.

 

[RealMoneyIssues]

Wouldn't be surprised to see a dead cat bounce in the next few days.

On what, AAPL? The markets are not down to be bounced from...

 

[MrJohnRoss]

Been working on an improved version of my timing system. This one should get me out closer to the tops, and back in closer to the bottoms. I will post those signals here on my thread.

I will be also using it to time entries into my Roth IRA's using URTY and SRTY. If anyone's interested, I can also post those signals here.

We are getting close to pulling the trigger, but not quite yet. Will be interesting to see how it performs going forward.

A technician's work is NEVER done. (It's not really work if you love to do this kind of stuff.) :nuts:

Good luck!

 

[RealMoneyIssues]

I can also post those signals here.

Yes please

And please keep your AT up to date

 

[MrJohnRoss]

Meanwhile, AAPL has produced only a minor dead cat bounce. My opinion: It really doesn't appear that there's much strength left in this sucker. I'm happy to watch this one from the sidelines.

See chart below. After the stock went over the waterfall, it's bouncing on the rocks below, but it's being contained in the small box for now.

The one bright spot: If the markets in general go down from here, we could see AAPL not fall as much as the other high tech stocks, since it's already received a blow to the head.

If you're holding AAPL, I wish you luck.

 

[GUCHI]

Mr JR sorry to hear your point of veiw, but im glad you said what you said. im holding a little apple. been holding for awhile bought in around $350. im new to this so i never sold and listened to the talking heads when it was flying high when they said target up at $1000. shoulda woulda coulda... please continue to post please it helps me understand. thanks john

 

[ILoveTDs]

Mr JR sorry to hear your point of veiw, but im glad you said what you said. im holding a little apple. been holding for awhile bought in around $350. im new to this so i never sold and listened to the talking heads when it was flying high when they said target up at $1000. shoulda woulda coulda... please continue to post please it helps me understand. thanks john

Read up on stop losses, this was one I would have recomended following with a $40 or $50 stop loss on the way up.