Double top in the S+P.... New 52 low in the VIX.... Teetering on it`s 50 day simple.... Finally the summertime doldrums set in? Thought we were in for another run for the top yesterday. Bought SPX 985 sept calls for 27....sold them for 31 today because the action sucked. I will be using this poll as a contrarian indicator
The party has ended for most, and has just begun for many. There's nothing worse than being one of the last people to show up at a party, and then picking up the tab after everyone has left the party. The market speaks, listen to it.
in spx.x. Tomorrow will be vip, we do have some seasonal considerations to go with major league profit taking....... at first it was hard to see with all the rumors this afternoon, but make no mistake their was vicious size selling ....none of which bode well for prices. I think the market can get absolutely spanked tomorrow (Ill be looking to fade the first move if its up)