35 replies to this topic

[SemiBizz]

The volume on Nasdaq is real... 2278 Next good support...

[ogm]

The volume on Nasdaq is real...

2278 Next good support...

Saw an interesting discussion the other day that VIX may be less of a factor lately with proliferaion of Ulta short funds of all kinds. As volume and liquidity in short funds growth more and more people may be using them as a hedging/defensive tool.

I think it may be part of a factor, but maybe not. Since options volume is growing on exchanges too.

I still think there is a good chance we'll see VIX in traditional 40s are before this is over.

[SemiBizz]

DJIA in SLIP ZONE to 11203...

[SemiBizz]

VIX is indicating this action is corrective, that's all I need to know for now... As long as they keep buying it affords me opportunities to SELL higher.

Edited by SemiBizz, 01 August 2008 - 09:27 AM.

[jjc]

.....Treasuries, Yen.

[SemiBizz]

There's no fear in the markets when they are willing to throw away the "highly speculative" issues for the "highly improbable" issues...

http://bigcharts.mar...&mocktick=1.gif

[selecto]

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=1&mn=0&dy=0&i=p59879229899&a=122976763&r=822.png

[mogreen]

Not worried about financials..but, I'm buying puttys against all my long stocks. If big down Friday I'll position for a crash. I think its the Isreali news today that's knocking us down. NDX holds 1806 low...I'll only be bearish if we close under 1800.

Edited by mogreen, 01 August 2008 - 09:53 AM.

[SemiBizz]

I guess I need to make an adjustment to my TV set, because I couldn't believe these Economist Jackasses saying that losing 50K+ jobs and Unemployment rate accelerating to 5.7% was GOOD for Wall Street...

[zman]

I guess I need to make an adjustment to my TV set, because I couldn't believe these Economist Jackasses saying that losing 50K+ jobs and Unemployment rate accelerating to 5.7% was GOOD for Wall Street...

most economists are morons....they are absolutely clueless...