Hmmmmmm.......Lol!

We have asked if a CFA would really buy the IWM ETF with their own money. This is an index of small company stocks that have appreciated substantially above all measures of standard deviations. The valuation is quoted as high as 80+ trailing P/E to much lower. No-one really knows for sure. Try to get a definitive answer. Just try. The thing is - they wouldn't. It is not their money. Look at the quality of Bulls that are speaking on TV. Hmmmmm....Lol! This thing is due for a slam to the 200-day  moving average (on a weekly basis) of  $95 or at least $100. It is $112 now. We are thinking by May 17th. It will be fast. Thanks HFT!