sp'daily5
vix'daily3
Summary
Its kinda interesting now, but I sure won't be remotely pleased until I see a daily close <1497..and even then, I simply can't envision a near term scenario where we are trading <1480.
There is a massive rising support in those lower 1480s....and that'd probably equate to a full VIX gap-fill around 17.75/18.00
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In other news.. Affymax is having issues...with a drug recall. It has a product line of one..and it can't sell any of it.
It doesn't get much uglier than that. Wanna catch that falling knife? Huge volume. Despite the fall, could easily be <$1 later in the week.
time to cook!
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VIX update...from Mr T.
back later