I would have thought so too , lefty.
Back in 2005 there was action similar to last week's and earlier this week , including a bit of retracement. But last year the week enjoyed a 4-day run-up into Recon. Day.
Perhaps some of SA12's comments as to what all could be going on with index-related buyers shed some light on it. And perhaps a different kind of 'deal' is being worked out this year.
Unless something changes , e.g. , some fresh news out from TIV , this year's possible fallback from the Russell-high could be starting at a lower point than in previous years.
Hey , TIV got some extra visibility early this week via Motley Fool in two articles. Maybe most reading those article and taking a peek decided to short TIV? lol, who knows. The one group sure to be happy about all of this red is the group including any strictly-indexed Russell-related buyers who have yet to buy in. They've gotta be loving this.
JMO
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
