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Phils gang spotlight: IWM Russell = US Economy


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#1 Rogerdodger

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Posted 27 January 2007 - 12:15 PM

In the list of new ETFs posted below is TWM.
It is Ultra Short the Russell 2000.
If/when the US economy slows the Russell will reflect the US economy since it consists of smaller US companies without international exposure.

http://stockcharts.c...4129&r=8017.png

Philsgang.com Spotlight charts features IWM, among others.
He says watch for a break below 77.

Posted Image

Edited by Rogerdodger, 27 January 2007 - 12:20 PM.


#2 S.I.M.O.N.

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Posted 27 January 2007 - 01:25 PM

He says watch for a break below 77.

not before a break above 801 in the russell...gotta get the early bears out first, like the ndx.. ;)
*previously known as pnfwave

#3 CLK

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Posted 27 January 2007 - 05:46 PM

"New " RUT short ETF.......hmm...... ;)