Discussion in 'Trading' started by krazykarl, Oct 6, 2008.
No PPT action today.....sorry!
End of day action is massive SHORT position holders "cashing in" at VIX spike mixed with new yearly lows. MOST optimal time to cover heavy SHORT play positions that are/were in a MASSIVE profitable state......Auction Market Theory in grand action agin today.
Heck.....I even covered portions of my Long Term Rydex 200% Inverse S&P500 positions today. Had to, VIX over 50 and new blowout lows....that is a screaming no brainer actually.
Separate names with a comma.