Every call that start with "We seem due" is probably a high probability call. I'm out for the day with a 108 YM points gain on the last trade, bye.
Buying volume on the run up has been light too so I don't know what your getting at, so it's like when it's going up then it's natural market forces pushing it up but when it's going down you have all the excuse in the world.
is it possible to trade the vix via equity or etf? instead of trying to speculate via vix options? (are their vix related stocks)?
Bush now considering BK on Auto The market sells every time without fail on this. This time it may be different, Bernake has thrown the sink at it, but the market does not like autos going out. We could lose 300 on Dow today I am beginning to really like technicals, but this weighs on the market too much.
My levels probably are not perfect, but .. s1 is broken through pretty hard on the spx and vix has recovered about 2 and change. The vix could end flat and we could break s2 on spx.