10.14.2008

NOON SWOON


Markets are clearly wacky and probably the most volatile ever. So I continue to be confused and will do little until they settle down a bit. Hopefully that will be before too long.


NYSE- 850 net winners;

NAZ- flat internals;

NDX- 30 GREEN;

OEX- 50 GREEN;


VIX- flat at 55;


Ten year note- 4.01%;


Up volume a bit better than down volume;


Crude - flat;


Gold +7 at $842;


Looks like a day to sit back and watch as both rallies and dips dissappear on a regular basis-


One trade that may be there is a long SPX/DJIA and short NAZ/NDX/RUT.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home