They are already on the Bull Horn. Just wait for the pattern to play out. The VIX filling a gap means nothing. The operators laugh at that kind of thinking.
Have the courage of your convictions and the conviction to concur!
trust me, the best thing for the bears would be a rally higher today. but they never make it easy. if we could get to around 10400-10450 that would be key. then everyone will be on the bull horn and they can take it down.
I FOUND MY COMMENT BACK ON YOUR MAY 25TH POST. VIX FAKE PRINT AT 24.10.
VIX Fake Print was 24.1 on 5/26
I know it's triple witching this week, but do all the indexes close out this month on Friday, or are they on separate days?
They are already on the Bull Horn. Just wait for the pattern to play out. The VIX filling a gap means nothing. The operators laugh at that kind of thinking.
Have the courage of your convictions and the conviction to concur!
It could also be hedging, i.e., going long a stock and hedging by shorting an index.
http://online.wsj.com/mdc/public/page/2_3022-mf…
shoot. I don't remember – I thought it was 24 but maybe it was 24.70? Let me go back and look at my comments on your old posts.
Monica,
What was the exact level on that fake print of the VIX from last week… I forgot it.
trust me, the best thing for the bears would be a rally higher today. but they never make it easy. if we could get to around 10400-10450 that would be key. then everyone will be on the bull horn and they can take it down.
I would be happy to give back a percent into the close. We are still OK unless we take out that high.
BB makes its money in Q4 no one cares until then. The Boeing story is big as they have had so many problems.
To each their own.