Quote from stktrdr:
Well that was a nice 2:30 (ish...) BUY PROGRAM.
Train leaving the station on it's way to new highs.
All aboard!
Hello,
I realize there's still the GDP report and one day left this week, and the Dow, SP, and the Naz rallied back today. In that rspect though only the Dow is at highs, the SP and Naz are just churning, basically where they were one month ago.
The Russell 2000 which has been the leader hitting multiyear highs has been showing weakness the last couple days, especially today. Trading the most contacts ever in one day, if I'm not mistaken and closed lower than the open. In the past several months it has either led or been pulled higher with the other indices when they have rallied. Perhaps a changing of the guard here?
I see you abandoned the ER2 thread when the rally stalled and it drifted lower this afternoon. Are you one of those types that only apppears and cheers when you have it going your way, and disappears when it's not? It's stuck in a range between 780ish on the upside and 740ish on the low end for now, with nice intraday ranges. It may take another week, month, or longer, however it will break this range eventually.
L8R Kelly