sp'60min
VIX'60min
Summary
... well, lets see if the rats do indeed sell into the weekend. I would be very surprised if we don't break a new intraday low in the closing hour.
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*I will hold short INTC, and long VIX across the weekend.
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updates into the close...............
3.12pm... awaiting VIX 14s.... Weekly 10MA of sp'2107 would be useful to close back under...
3.25pm.. VIX 13.80s... sp'2110..... should be further weakness into the close.
After all, seriously.. who the hell would want to be going long into next week, as the queues at the Greek ATM machines make it quite clear... a bank run is in progress.. they are set to see a complete implosion of their banking system.
3.37pm... VIX 13.82... still looking for 14s by the close....
With Gold -$2, GDX is seeing some notable weakness, -2.6%.. which is kinda surprising.
Eyes sharp.. into the close!