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Quick Friday RUT comments


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#1 viccarter

viccarter

    TRIN_Rida

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Posted 30 January 2015 - 05:57 PM

Last Friday's EOD comments here:
http://www.traders-t...?...st&p=715759

It was a good week. Was looking hard short, and bought some TZA Monday. For the futures, it was a little trickier, but fortunately was able to catch it Wednesday for the big move. Thursday's rip was nasty, but I held on to the swing short while licking my lips watching the RUT TRIN close >2 by the close Thursday. This is not to be faded in a non-trending market. The choice was easy.

There will be some sharp counter moves, but as I said, if you try too hard to get in & out you will miss the biggest moves and not capitalize.

Good Trading.