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The dip is being bought with a vengeance


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#1 ogm

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Posted 21 June 2007 - 08:36 AM

Low put/calls again across the board. There is no fear, no one wants to buy protection. Everyone wants to buy the dip. Lets see how Blackstone IPO works out today. If its going to be weak... I wouldn't envy the dip buyers.

#2 JAP

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Posted 21 June 2007 - 06:16 PM

Low put/calls again across the board. There is no fear, no one wants to buy protection. Everyone wants to buy the dip.

Lets see how Blackstone IPO works out today. If its going to be weak... I wouldn't envy the dip buyers.



Not just buying on any dip... buying and short covering off 50 DMAs.