Friday, 8 February 2013

10am update - new highs

Good morning. The main market is slightly higher, and we've already just broken a new high on the sp'. As things are, there remains no sign of any turn lower..indeed..quite the opposite. VIX is 4% lower, and back in the 12s.




A lousy start for the bears, weak dollar, VIX in the 12s, and the SP' at a new post 2009 high.

The day couldn't start any more bullish.