sp'60min
Summary
Well, all things considered, we probably have a key floor here in the low 1960s.
No one can whine about this...
Bears are getting a chance to exit...
Bulls are getting the opportunity to buy somewhat cheaper.. especially in the airlines and some of the momo stocks.
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Video update from Riley
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VIX update from Mr T.
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time for some ice water.
12.19pm.. so much for 1960..... next support 1958/57..
Regardless, equity bears are getting a real opportunity to exit here.
VIX +10% in the 12.50s.... 13s still look tough to hit.
12.30pm.. back to 1961.... hmmm Bears are very vulnerable here... esp' those short the R2K.