Friday, August 28, 2009

08/28 RUT Iron Butterfly

RUT started to show profits! That's nice! I tought about rolling the 650 CALL up, but decided against it. I'm not convinced the bulls are in total control yet. If we push higher I may give up Today's profit, but then I'll know where we are going. So far, we have been dancing around the 480 level and Today seemed we found a lot of selling once we traded at higher prices.
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