IWM

Basically it's a carbon copy of the rally off of the Feb lows. Almost an equivalent in terms of price...

 

That being said... a Mitt Romney appointment/acceptance on Sunday to Secretary of State might just give this Bull a shot in the ass. Romney's a smart businessman. A good negotiator. Very Trumpesque. But can the two get along? Romney might take the job under the guise of "being a good patriot" putting differences aside.

Hmmmm. Best not short the farm just yet.

 

I see a red bar
http://stockcharts.com/h-sc/ui?s=IWM&p=D&b=5&g=0&id=p29465982887

 

Nope. Bitch is heading up.

 

131.07
Never fight the trend.
Especially on Friday.

 

I was long. I meant, it is not 11 days in a row...there is a red bar in between.

 

11/16/2016 was red

 

Cramer must have read this post. He paraphrased it last night.

 

So far no news out of New Jersey.... if Romney gets the Sec State nod and accepts.... wait for the ES to go to the moon tomorrow night.... and then short. Jmho. IWM will be a great short very soon.

 

United States Secretary of Commerce
Wilbur Ross (most likely)
President of..... https://en.wikipedia.org/wiki/Kappa_Beta_Phi
Secret Wall Street Society. Check out the membership list.
Up we go.

https://en.wikipedia.org/wiki/Wilbur_Ross