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If You're a Bear or a Bull


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#1 Cirrus

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Posted 27 February 2007 - 11:29 AM

You must respect the recent OEX P/C data and today's market action. The breakout in the VXO is IT bearish IMO, too. Just a wee bit more and the VXO will be at a 6 month high--suddenly. The price of volatility is not set by dumb money. We'll have to wait until the final hour to get a good picture. I think this thing has some IT legs. The fact that I'm 'scared' of shorting the gap down makes me think I'm right.

#2 arbman

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Posted 27 February 2007 - 01:47 PM

OEX P/C has gone nuts now...