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Re: matt24d post# 320067

Friday, 07/25/2014 2:04:58 PM

Friday, July 25, 2014 2:04:58 PM

Post# of 647877
I don't know anything about ROX so I cannot comment on it. But, I do think there is extreme caution in the markets as a whole. I think the market will flip and head down pretty hard in Sept. and through the end of the year. The markets are extremely over bought. Therefore, when you get a breakout like ROX, smart traders are selling into it on fear of losing their profit next day or two. I wouldn't buy any breakout at this juncture, just sell into them and start looking for good short candidates.

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