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SPX Holding Firmly the Lower End of the Range


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#1 redfoliage2

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Posted 10 January 2007 - 02:01 PM

Trading Range: 1404 to 1418. It could shoot over the upper end tomorrow. :)

Edited by redfoliage2, 10 January 2007 - 02:01 PM.


#2 arbman

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Posted 10 January 2007 - 03:34 PM

It should go up, but one thing that's kind of interesting to note here is the discrepency in between the implied volatilites vs the index prices, especially on NDX. The implied volatilites still seem to be making only a pull back rather than trending down. I guess we will continue to be in a volatile range until the market tops into Feb... - kisa