9.23.2008

THE CLOSE


Another day in paradise as the markets move higher early - sells off mid day as the bail out runs into roadblocks, moves higher with the T+3 short covering buy in from last Thursday and goes lower into the close.


DJIA -162;

SPX-19;

NAZ-26;


VIX- higher by 5.5% at/near 35.75;


Looking for an entry point -probably tomorow as I expect a deal to get done before long and a market move higher on the news. Also, note the GS chart into the close- something going on as the stock was down about $6 early and closed up $3+.


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