Exnavyew's Account Talk

Russell 2000 bounced back some today and I was keeping an eye on TZA. Late the prices were out of whack as if people were buying TZA regardless of the price. At points TZA was down LESS than the Russell 2000 was UP let alone 3X down.
Guess some people are expecting a pullback soon.
 
Why is the Russell 2000 melting up? (look at 6 month chart for Russell 2000).
Anyone? Bueller? Bueller?
 
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Why is the Russell 2000 melting up? (look at 6 month chart for Russell 2000).
Anyone? Bueller? Bueller?
I'm guessing it's because it's not as overvalued as the S&P 500 so it's got more room to grow in comparison. :notrust:
 
Rats.
Already used my 2nd IFT or I would've increased positions to 100% before noon today for tomorrow's bounceback AND lead into DEC.
2 IFTs per month....aargh!!! ;damnit
 
27-july-v1.jpg
 
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