It looks pretty minor in retrospect, but I took the bump up in VIX at around 1:00pm as an indication that S&P would come out of its flat-line mode and fear would have the upper hand for a while.
Sold at 34.53 @ 2:26PM EST
Monday, December 28, 2009
Time for a correction
The S&P 500 has been up for 5 days in a row. Most of the time it looks like there has been a small sag in the afternoon. Time for a little correction. Bought SDS (2X short S&P) at 34.34 the time was 1:37PM EST.
click to enlarge
It looks pretty minor in retrospect, but I took the bump up in VIX at around 1:00pm as an indication that S&P would come out of its flat-line mode and fear would have the upper hand for a while.
Sold at 34.53 @ 2:26PM EST
It looks pretty minor in retrospect, but I took the bump up in VIX at around 1:00pm as an indication that S&P would come out of its flat-line mode and fear would have the upper hand for a while.
Sold at 34.53 @ 2:26PM EST
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