much of a gain by the close but maybe .80% for the RYVYX .
Still the NDX may continue to move up tomorrow to break out above its recent range and thus persuade
the S&P and DOW to retest higher levels, or at least curb them from further declines while both the NDX and SOX and RUT are used for support.
The RUT is also clicking off new highs but I chose today's move as my short entry point for my swing position.
I wish this was more of a contrarian bet as RYDEX players are definitely more short the RUT,.. then let's say the
S&P. But there is not enough volatility in the S&P yet for my interest.
Hoping to hold this Rut short for approx 2-3 weeks or approx 5-7% whichever comes first.
RUT WEEKLY
Edited by Mr Dev, 22 February 2007 - 05:20 PM.