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Critical Juncture trade


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#1 VolPivots

VolPivots

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Posted 13 August 2007 - 10:15 PM

seems like everytime the market seems to be at a critical juncture, voila, almost outta nowhere, bid support comes in. It happened for the RUT recently and may be happening to the Nikkei tonight. Today's action I'm sure has a lot of bulls concerned as 1460-70 is now starting to act as resistance. But my gut says that's gonna change tomorrow, at least for an opex jam job. VIX reversal today certainly is a step in the right direction. Hoping for early morning weakness....I'll be buying with stops where everyone else has 'em :redbull: