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.
If You're a Bear or a Bull
Started by
Cirrus
, Feb 27 2007 11:29 AM
1 reply to this topic