Tuesday, 4 September 2012

12pm update - battling it out

With near zero volume, it just appears this minor drop is just that..minor, and it won't last.



Its a bit of a mess, and I'm pretty sure than of the doomer bears looking for much bigger drops in the next few days are going to be real disappointed, if not worse.

The VIX is slipping back, I'd feel much more confident re-shorting with VIX in the 16s later this week.

Time for lunch