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Johnttttt writes: “I am looking for an instrument that follows RUT as closely as possible, that has high volume and liquidity and can bring profit even from small moves of RUT. The problem is that RUT itself cannot be traded because it’s an index and not instrument. Any ideas???” My reply: You can trade the …

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Happy Monday. Being short worked again today. I held my Friday shorts and they were working out nicely until the big rally that happened around 2pm screwed it up. Thankfully the market then fell after filling its morning gap on every major index. NDX 2x inverse funds lost very fractionally while the Russell 2000 2x …

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Cashing out on Friday. I was more afraid of the technical damage and thought we were going lower. I knew it was oversold, but the market was oversold a week before that and still got hammered. Todays action would have given my index fund trading a nice jolt back up to my comfortable zone of …

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We should see a higher close today, however, I’m getting worried, because the market should have “rallied” by now in the day and by that I mean that includes the Russell 2000. The R2K has been a leading market and now its absolutely pathetic and sad. The NDX was up 11, the dow was up …

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Well I went big to the short side today, but not a full position. I think either tomorrow or Wednesday we could see a strong morning move that pushes up then sells off HARD. I want to be in before this happens and use free cash to add to the shorts in case we see …

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