Tuesday, February 3, 2009

Watching 800

The markets are flat to sightly positive and the real question is whether or not the S&P can hold 800, especially as we head into tomorrow's close and wait for Fridays unemployment report. As usual I will be leaning short, especially tomorrow.

1 comments:

Charts and Coffee said...

Anyone playing the new volatility ETNs? - http://chartsandcoffee.blogspot.com/2009/02/vix-vxx-vxz-new-volatility-etns.html

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.