Monday 11 March 2013

Closing Brief

A quiet start to what will probably be a quiet week. With the main indexes continuing to melt higher..and the VIX breaking new lows for 2013 in the 11s, there is simply no sign of a turn. Those bears seeking a new wave lower are going to have to wait at least another week.


sp'60min


Summary

Not the most exciting of days, but then..its to be expected, in a market devoid of any real people, propped up by POMO fuel.
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*I hold long overnight, via SLV and USO.
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The usual bits and pieces across the evening.