Thursday, 7 February 2013

3pm update - weak bears

Bears can't even hold an index decline of 0.5%...again. Very disappointing, and it really dents those limited hopes of a break below sp'1490 into the weekend. VIX is only 4% higher now, and is in danger of closing red. Urghhh!


sp'daily5



vix'daily3


Summary

Frustrating..really doesn't quite cover it.