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iShares Russell 2000 Message Board

  • piezodude piezodude Jan 10, 2011 9:33 PM Flag

    spy to 90, iwm to 50

    in time

    its obvious

    1) look at a chart: technically, spy goes to 90

    2) fundamentals: austerity will put some serious pressure on stocks, eventually


    I think iwm looks like a great short at this price

    Could have some interesting moves tomorrow with the iPhone "news", though its been out for month, really; they could push things up

    or it could be sell on the news, right into the weekend

    looks (at this moment) that iwm is on its way down, even on a 5 day chart; but that could be an illusion, time will tell

    79 seems like a gift

    scalp into a nice short here, take a small trade. if if goes up short more, if it goes down short more, stop stops stop, and move them to protect profits

    $50 eventually, $74 soon

    short SPY to $90 (eventually); iwm is a tougher trade maybe due to oil pushing it up

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