Direxion Large Cap Bear 3X Shares (BGZ) News

I'm back, will enter the market on december 27th

regards,

Finally starting to see some action. After Operation Twist is over in June expect to see more movement upward with BGZ.

I'm back in...

IDK...I'm thinking it's just profit taking and that people who were on the sidelines will get in when the prices get a little cheaper THEN I feel after that wave fades we go back down to where BGZ will make us some good money...that's just me. I haven't gotten into BGZ in a while and I kick myself for never getting into BGU.

This is starting to look very ripe at these levels.. ~ $BGZ ~ Possibly going long scan results (Daily and Weekly) for for the week of March 1st 2012 - Daily and Weekly views.

Chart results for you to ponder with me.. These are technical scans only, Click next or previous at the top of the page to see my others. Twitter: @MACDgyver ---> BGZ <---
Keyword: MACDscan ----> http://tinyurl.com/MACDscan

~ $BGZ ~ Mixed scan results (Daily and Weekly) for for the week of Feb 13th 2012 - Daily and Weekly views.

Chart results for you to ponder with me.. These are technical scans only, Click next or previous at the top of the page to see my others. Twitter: @MACDgyver ---> BGZ <---
Keywprd: MACDscan ----> http://tinyurl.com/MACDscan

WOW I thought this Euro bailout thing was priced into the market already....eh you win some you lose some.

You guys ready for the next ride?

deadjim

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Tuesday, February 22, 2011 7:28:19 PM
Re: None

Post # of 40

is everybody bullish yet? this market move is ridiculous. there's a top, but i have no idea where.
it will be a massive top. huge. anybody sticking with a good short (screw this ETF b.s.) will make a killing.
seeking delta


Sadly there's no quality short that I can sit on without risking margin calls or an infinite potential for loss... so ETF it is and was.

This market's still no good! Rally for a few days? sure why not. better get short either when it does. watch 60min topping on indices and 60min basing on etfs. it's easy to see, just dont get caught up in the hyperinflation b.s. that's (STILL) going around

Sitting here looking pretty :)

Kick: Just keep your eye on the dollar. Now $79. We're in the right place at the moment. May settle out today, or Tuesday.

Market is going down. I would not be suprised if the DOW goes into the 9000 area. If this does happen I would also not be suprised if the FED initiates a QE-3. If the market is that low and oil below 80 there should be no problem dumping money AND when QE-3 initiates go directly to BGU.

Kick: I agree. We are in a limited (controlled) trading range controlled by the dollar/DX. I agree that the weekly charts say that they are not finished with their down move to 1100-1108 range.

Corrections in the market will be made but over all I feel the market is heading down.

As for today I don’t know, I’d be surprised if we end up green (really green not the flatish we just barely hit green green). Who’s going to want to leave their money in the market over the weekend anyway? All it takes is one bad news over the weekend to make your stock fall pre market on Monday.

Corrections in the market will be made but over all I feel the market is heading down.

As for today I don’t know, I’d be surprised if we end up green (really green not the flatish we just barely hit green green). Who’s going to want to leave their money in the market over the weekend anyway? All it takes is one bad news over the weekend to make your stock fall pre market.

Hope you moved Kick. Trend may be changing. We'll see how the day ends.

Wow that was back in August. Made some good dough on that trade, Then switched over to BGU and then last Friday back to BGZ.

I think eventually we will get the QE3 well depending I guess on how bad the market tanks and if we do get it I'm all in on BGU.

For now I'm enjoying BGZ :)

Kick: Congratulations. You must be feeling that was the right move by now. I believe their still may be more ahead. But we are getting to near resistance areas.

I just got in today below the $40s but I kind of feel I got in too soon. I don't get how the market is doing so well. Is Europe not heading back to the dark ages? No QE3, unemployement not improving.

Wow the Northeast made out better than expected after the storm lets buy. I bet you once they find Gaddafi BOOOOM market up some more.

After Bernake announced no QE3 I swore markets were going to go down. Is thinking the DOW will go to 10,000 too extreme?

To: Na**** Will BGZ rise for next week ?

This is a reply to a PM from Na**** Friday, August 26, 2011 -
I am sorry, I don't have PM reply avail. But, will BGZ rise for next week ? Yes, it does look like that is a strong possibility.

However...
That statement may be in conflict with a number of other technical indicators that I am also tracking at this time.

The rise in BGZ may develop over the week long trading period, but the near-term indicators infer a possible decline, and/or entry opportunity in BGZ.

From the original chart indicators you may be seeing in the original message I posted back in July, there is a strong possibility that BGZ will make a major move soon.

Na***, as most are aware, conditions are highly volatile. One tool, you may want to consider is to watch UUP, and or the US Dollar chart for near term equity, market and ETF movements.


Here is an active US Dollar chart from Yahoo that is 1/2 hour delayed. If you track the dollar's moves, you will see it mostly runs inverse to the markets moves. Even though the Russel index is best tied to TNA and TZA, you can actually watch the dollar's influence by the minute on Russel, $SPX500, Dow, commodities, etc., if your data is streaming live, real-time, you can watch it.

The dollar is about to bottom...I think. When the dollar rises, the market will drop. Large Cap will turn bear. That in-turn will drive BGZ to resistance points. So I encourage you to watch the pivot, support and resistance points for a good entry.

BGZ Aug 26, 2011 End of Day Data
Open High Low Close
46.31 48.33 42.75 43.25

BGZ Aug 29, 2011 Pivot Points, Fib Pivots and Camarilla

R3 52.38 Fib R3 50.30 Brk Out Long 46.32
R2 50.36 Fib R2 48.24 Short 44.78
R1 46.80 Fib R1 46.90 HL2 44.27

Pivot 44.78 Pivot 44.78 HL1 43.76

S1 41.22 Fib S1 42.66 LL1 42.74
S2 39.20 Fib S2 41.32 LL2 42.23
S3 35.64 Fib S3 39.25 Long 41.72
Brk Out Short 40.18




Yahoo Dollar URL:
http://chart.finance.yahoo.com/t?s=DX-Y.NYB&lang=en-US®ion=US&width=300&height=180

I hope that helps.
My best regards,
btrain

We are nearing a new entry point on the chart. Take a look at options as a consideration between Friday and Monday. I am expecting a market top soon. The $SPX is at 1345. It touched 1347. The dollar is in decline, but near its bottom.

Friday's close $32.50 +0.68 (+2.14%) this appears to be a near-term entrance point for the next uptrend cycle. There may be a test of the $31 area early next week. We shall see.

I have posted two charts below for your consideration.

is everybody bullish yet? this market move is ridiculous. there's a top, but i have no idea where.
it will be a massive top. huge. anybody sticking with a good short (screw this ETF b.s.) will make a killing.
seeking delta

Nice fluctuation here now and bears are starting to sink their teeth in

looking good on the chart.

been awhile on this one. some love coming

This may be time to have a position started, as investors digested what Federal Reserve Chairman Ben Bernanke called a "somewhat weaker outlook" for the economy. We are bouncing up off lower support, and If the market allows it, headed up above the upper resistance area above $17+.

A very positive close: $16.30
Today's Range: $15.26 - $16.38

The Aug $18 option contract raised more than +53.85%, closing at: $1.00 each. 302 contracts traded.

Ask $1.10 Bid .95
Open Interest: 905
Mature Date: 8/21/10

I opened a position yesterday and closed out half of my Aug $18 dollar future option calls this morning. Nice profit. Today, BGZ should hold the $15.50 close. The trend line is increasing.

It looks like it may be about time to enter a position in BGZ, as the $SPX is fighting to maintain the 1090 range, it is the 7th day up on the DOW, and SPX, however the US Dollar is, at thei time not supporting that move by showing a near term bottom. I see that at in the UUP indicator at the $23.34 area. Now UUP is $23.99 the DXY index is 82.60 and trading between 82.50 - 83.51.

Translation = The market still has room to raise the indicators up.

BGZ needs to close above $15.50 to confirm its up trend. Now at $15.22

Foo fighters please do not engage the enemy until 13.70 spprox. He is most vulnerable when overconfident. Dawn raids are off.

I looking to buy this tomorrow at 14.17 or lower if possible.Looks to the nekkid eye that a take out of 4 points is easy. Target 18.17 as exit.

Yes baby your mine forever or til I tire of you. But for now strictly roses.

http://www.last.fm/music/Darude/+videos/+1-PSYxT9GM0fQ

My espousa was 100 percent Finn. Most Darude videos shot in Finland. I like 'Out of Control' click it and also 'Feel the Beat'

Also in the spirit of giving check out 'What is love" video

Enjoy:

Its our time in eden

http://www.last.fm/music/Darude/+videos/+1-PSYxT9GM0fQ

correction time..if the spx breaks below the 50mda we may see 8500 on the dow

Picking back up.. Looking like a bottom.. sign of things to come?

BGU 32.27 0.73 2.31% 10,993,066
BGZ 36.37 -0.80 -2.15% 12,726,347

Sickly low trading volumes

$COMPX 1799.73 6.52 0.36% 1,857,685
$INDU 8359.49 27.81 0.33% 971,510
$INX 905.84 4.79 0.53%

the way the dow is looking, this might be my new home for a while, lol

Getting BGZ here.

I think the "V" recovery in the market will look like a "W" a year from now.

Great Hedge! eom

this thing should start getting some love here pretty quick

I see the DOW around 4000 points by end 2009 and Gold by 2000$/once same period.

BGZ will be very interesting If the crazy bulls bring us to 8500 points (dow)

looks like a lot of upside here. Massive profit potential.

~ 3x etfs candle chart volumes ~ trading volumes are increasing.

BGZ from 74 to 125 68% MOVE. It's volatility hell markets with manipulated high volatility. It's evil greed monster markets.

Extreme greed and manipulation: Volatility hell manipulated markets

Markets are trading in extreme volatility, targeted specific stocks.

In 2 weeks, markets moved 50-120% using high volatility manipulation. Markets were burning - hell markets.

The greed monsters and children will burn in hell for being so greedy.

Hell high volatility greed monster market.

Direcxion large and small cap 3x