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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Clam digger who wrote (72131)6/19/2015 3:42:30 PM
From: GROUND ZERO™1 Recommendation

Recommended By
John

  Respond to of 218713
 
I'll make a note of that, thanks... I know that same out of money experience...<g>

GZ



To: Clam digger who wrote (72131)6/19/2015 4:10:16 PM
From: John1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (1) | Respond to of 218713
 
There was some selling pressure on RUT going into today's close. As a result, barely managed to finish in the red.

Interestingly, RUT failed to better its all-time intra-day and closing highs established yesterday. Consequently, at least from a statistical perspective, it has a good chance of trending down on Monday.

One good aspect about a short play like this is that a big breakout to the upside is quite improbable, so even if it does move higher, it shouldn't be a big move. Of course, now that I've said that...well, you know the rest. -g-

As always, it will be interesting to watch reality unfold.