[Exiting Russell 1000 ETF (IWF)]
Dear Member:
The Russell 1000 tracking stock (IWF) closed below the trend yesterday and has not reversed back above that line so it looks like time to exit. I am placing a limit order for the day to sell to close the position at $53.50 or better. If filled, that will result in a modest short term profit.
DISCLOSURE: At the time of publication, I own shares of IWF along with some option positions.
Sincerely,
Bill Kraft
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