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Chop. More Chop.
Yes we jumped out of the gate and gained 85 points. Then dipped to
up + 55 then back to + 84 Now back to + 54. Stocks are trading in
tight ranges, with a
Well this is really something. As you know I said this morning I
felt they'd be able to make a green day out of today, simply
because no more bad news came out of Europe. But no... they can't
even muster a good attempt. Do I
Well this is really something...
Each time I was going to post about probably seeing the bottom for
the day, we'd slide further. As I type this, we're down 173 DOW
This sort of changes things a bit...
Well that didn't take long. After being up about a dime,
it rolled over and plunged like a rock. I had ample time to get out
flat, but because it would look to you like I wasn't telling the
truth I held and just got stopped at .39.
Well this is really quite the day eh? Although I said that I felt
the market would be green today, I did NOT think we'd pour on 90
DOW points in the first hour.
Naturally you have to
Hi kiddies.. isn't this fun?
With the market getting pushed by the Fed, I feel it's a decent
time to add to our VXX holdings.
I have just added 1K shares, at 24.87.
Well they've held the day, but frankly... it's sort of odd, almost
strained. We are up 355 points, but that's no better than we were
at 6 hours ago.
I have NOT covered my DIA short, and I did buy
I knew today would be a choppy mess, but frankly I didn't think
we'd see this sort of action. The DOW fell from - 50 to - 274
points in about 11 minutes. That's not chop, that's panic and fear.
The down volume
I have been in and out of the SPY several times and frankly
it's been a lot like "work". I made a dime, lost a nickle and now
on this last run I am up about 30 cents
It's certainly not