Last night I thought 576 was going to hold as the high on the Russell 2000 ($RUT). That didnt hold out and we hit over 580 – as per my initial guess. As the old saying goes: “Some days you are the dog and some days you are the fire hydrant” – Today I feel very wet. On the positive side I closed my TZA when RUT was in the 550’s and only started stepping in yesterday – I added some more at the close today, however I am still heavy in cash and will by getting more TZA tommorrow if we hit 585 and then close under 580. $RUT chart updated is….
$RUT
