sp'60min
vix'60min
Summary
*I exited a small index long @ sp'1582 (long from 1564).
I am more than content to sit on the sidelines overnight, and will wait to launch a FULL short of this market...probably late Tuesday.
It truly remains the height of irony that I have been making gains on the long-side..in a falling market.
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I will cheer lead this market to the 1600/10 area...it will make for a superb re-short level.
UPDATE 2.59pm..minor pull back to 1580, but generally, trend should continue higher. I find it hard to believe we'll open lower again tomorrow.
oh well, I ain't meddling in this now, so it won't worry me either way.
3.07pm.. back to sp'1584....hmm, a close in the 1590s would really open up the 1600s for tomorrow!
Come on bulls, keep pushing ;)
3.20pm Bulls could do with a close in the 1580s, that will make a break into the 1600s so much. easier.
sp'1607 , late tomorrow? 1620s look out of range.