Friday 12 October 2012

Closing Brief

A moderately lower close for some of the indexes. The slightly higher VIX confirms the continuing down trend.


IWM



Dow



SP


Summary

Hmm, well, another week complete. Certainly, a week where the bears started to show initial signs of a bigger trend change.

Lots to say..but I'll save that for another time.

I hold short across the weekend, seeking an exit of sp'1410/00 next Mon/Tuesday

Have a good weekend!

More later in the evening..and a weekend posting late on Saturday