This time i have a 30/60/120 min sell. Short at SPX 1085 via ETFs again.
Hourly sell again...
Started by
NAV
, Oct 16 2009 11:21 AM
4 replies to this topic
#2
NAV
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Posted 16 October 2009 - 03:02 PM
VIX hit new lows today against a 120-min sell. That not normal. Way too much complacency among the option players, i would say.
#3
Jnavin
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#4
qqqqtrdr
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Posted 16 October 2009 - 03:15 PM
With VIX so low we won't have any large moves up... It can grind up indefintely however....
Barry
#5
IYB
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Posted 16 October 2009 - 05:14 PM
Yep. No fear. My bet is that it spikes on Monday, even if the market holds up, as confirmation of the ST declining phase underway....DVIX hit new lows today against a 120-min sell. That not normal. Way too much complacency among the option players, i would say.
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
