Short Term Trading Member Forum

[mrusa1992]

looking good RUT pushed up off 5wk FLD, the Hurst envelope model I'm working with will continue to show a nice straight channel up from the 4/29 low if we rally strong next week, looking for a quick retest of 12/31/2004 high of RUT656 in next few trading days, then higher than the RUT663 20wk projection, probably closer to stockconsultant RUT674 target in about 2wks.

Added a bunch of IWM shares yesterday near my target entry (would have bought CALLS, but could not be present to watch market and buy them, too risky IMO to buy without doing a lot of watching and work first). Looking to add CALLS next week.

MrUSA