InvestorsHub Logo
icon url

livinginstyle

07/25/14 2:04 PM

#320087 RE: matt24d #320067

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.