Tuesday, 28 May 2013

Closing Brief

The main indexes closed higher, but well off their highs. The Sp' close of 1660 was a good 14pts off the morning high. VIX closed +2%, which is somewhat impressive considering the positive indexes.



Interesting day, and despite a minor up cycle in the closing hour, I am rather pleased with how we closed.

*I hold heavy short overnight, seeking an exit in the sp'1630/25s.

More later...