Monday, July 27, 2009

$RUT

So far so good this beautiful Colorado morning. My thoughts last week are starting to play out, and I think the $RUT hit a short term top. The range for the $RUT is big, between 525 and 575 is where I think we could be around for the coming weeks/months.

An hour and a half into the trading day the market internals don't look all that bearish.
New trades for today are still in the works, I will keep you posted on my fills.

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