sp'60min
Summary
...and another day comes to a close.
Without question, the new historic highs in the Dow and Transports this morning were very important, and such achievements negate the borderline significant weakness seen in the R2K.
Indeed, the R2K broke the 1150 level - breaking the recent Thursday low..and the 50 day MA. Yet...the daily close was somewhat back within the safety zone.
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Just something I was listening to, from Harrold.
Certainly, position sizing is a key trader issue, although far more bemusing was the CYNK trade.
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more later... on the VIX