vix'60min
sp'60min
Summary
*I am very concerned at the QE today..and tomorrow. Bears face major problems with that issue.
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Maybe its just me, but watching the VIX, tick by tick...it sure is damn twitchy this open.
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This is particularly good commentary...from Mr H.
Maybe we just need to wait for clown finance TV to start talking about 'Economic Nirvana', for the ultimate sell signal?
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10.02am.. Equity bears achieve an opening VIX reversal candle....however, I can NOT take seriously any of this..until we get a daily close..at least in the mid 15s.
10.03am... The two leaders - Trans/R2K...set to turn red...
This could be a fierce battle today...bulls have the QE...bears....still holding the line <1883.
Strap in...a long day ahead!
10.05am.. Bears must break <1860..to really get a down wave going..otherwise..its just the same old chop.
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Trans..turns... RED
Notable weakness... coal miners... BTU -2.8%.....most battered sector in the entire market.
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10.19am... Oh noes....Candy Crushed....KING, -9%...from IPO of $22.50
more on that later...
10.27am... VIX turns green.... sp' back in the 1860s...but...really, I got to see the 1850s today to have any mild hope that the bears are going to hold the line <1883.
For pure entertainment...KING is fun to watch this morning.....
Fair value? $0-01 ?