tag:blogger.com,1999:blog-2335748440449035592.post5686410599014720537..comments2009-01-14T19:02:26.957-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2335748440449035592.post-28486073122193718312009-01-14T19:02:00.000-05:002009-01-14T19:02:00.000-05:00Like you, I've been watching URE. I'm not too convinced that there's a good entry yet, mainly because the Inverse ETFs really haven't ramped up. (The whole market seems to be wallowing right now.)Your point about negative sentiment is right on though. But the main issue I have is that if you draw a trendline under the low points from the Nov 20th Up until the recent downturn, it seems to me that the ETF has violated the trendline. Looks like it spanged it's head against the daily MA50 and the MA10 and MA20 have fallen below as well.Not to say it can't turn back up and test that MA50... I'd sure like to see a hint of an ADX drop, or a +DMI wilt.. Or something ..... jeganjeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.com