LOL not this UVXY stuff again.
Stock Market Today : July 9th - 13th - Page 8
actually VIX is more like a "hedging indicator" than a "fear indicator".. yes you hedge when you are fearful that your position is going to go against you, but you can also be hedging to lock in profits on a move up..
Ah yes......Here we are ! (at the reason for the lack of performance today)
You see ?......Greece must return to it's 500 Level, that's all (before any coasts can be proclaimed "All clear !")
They are called "Double Bounces", right ?......Remember ?
Greece must first stage a Dbl Bounce ! . . . .
(yes, that's how these markets are "gamed")
Athens 500 ! .......(by nowwhat 012)
Our Futures are now in their hands !
*Note : Is currently parked at (a big) 625
Can't remember the last time I went long or short and held overnight. Not worth the stress in this current market.
Gold doesn't seem to be the safe haven anymore, the dollar is so thats bearish for gold. I think the Fed will be holding off on QE until things get bad, even though they are already bad in reality but not on wallstreet yet.
How many times have you had to average down on that turd? RIMM is the red-headed step child of the market haha.
Yeah I don't believe they'll say anything new about QE3 today, should send Gold down some.