Rusty
Started by
merciless
, Apr 21 2013 11:25 AM
1 reply to this topic
#1
Posted 21 April 2013 - 11:25 AM
Looking for bounce back toward 10 day, 20 day sma on daily or 200 on 60 min chart. Caution on long side, downside could accelerate anytime given macro environment and recent action.....Trade Safe
#2
Posted 21 April 2013 - 11:49 AM
Russell 2000 has not really accelerated because the economy and GDP is slow.
And, we have hardly seen any rotation out of big cap safe stocks yet, into the small cap economic sensitive shares.
When the economy starts booming later this year as people forget about Europe and Cypress, then IWM will turn into a bottle rocket.
Investor's Business Daily still showing growth funds lagging value funds by a wide margin.
Last two times the market topped, growth was leading big, old school dividend stocks were lagging badly.










