10.13.2008

AFTERNOON CLUE


Markets continue higher with the DJIA now +590 and the SPX +65 and probably moving back to the 1k level before too long.


Strong sectors inlcude - shipping, oils, emerging markets, ags and brokers while real estate, metals, banks and homies lag.


NYSE- 2720 net winners;

NAZ- 2000 net winners;

NDX- 99 GREEN;

OEX- 97 GREEN;


VIX- down 14% at/near 60;


Up volume 12X the down;


SPX continues up up and away but thinking 1k will be the near term top - 35 points above- so holding off on selling and shorting for those levels- hopefully later in the week.


1 Comments:

Anonymous Anonymous said...

Did you go short at 1000?

I think it would be courageous of you to post your trades intraday--not the price and help us with your knowledge.

4:26 PM  

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