Monday, 22 October 2012

Closing Brief

The market managed to close flat, aside from the Nasdaq (+0.5), due to a 4% ramp in AAPL. The VIX closed particularly weak, following earlier gains of 5%




A disappointing closing hour for the bears. We saw one of those nasty closing hour ramps, where just about every day-trader -and many of the swing (multi-day) trading bears will have got stopped out.

Lots to say, but that's for later. Its time for tea.