Disclosure: I own IWM puts
Tuesday, September 29, 2009
Tim Knight turns beairsh on R2K (IWM)
This morning Tim Knight posted this beautiful chart over at his blog and announced he has begun accumulating Russell 2000 (IWM) puts. You may recall my note of the completion of that highlighed H&S pattern pecicely one year ago. Its interesting how times change so quickly. Anyways, Tim usually has great timing so be on your toes!
Labels:
Fibonacci,
Head and Shoulders,
IWM,
Russell 2000,
Self Similarity
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1 comment:
I tend to agree with TK that if we do get a nice final gasp to the high end this coming week it will be the best short opp of the year.
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