Late last night, at the quietest hour, I sat outside and listened. Sitting there, very still and mindful of the universe around me, I began to probe the cosmos for sleigh bells. As of this moment I have not heard those sleigh bells jingling.
But when I do, you will be the first to know.
Also, the latest Weekly Strategy Session is complete. Subs, be sure to check it out. We need to stay sharp though the holiday parties and the candied canes. There is still work to be done to close out the year properly.
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My instinct and two dollars will get you a cup of coffee, but it tells me this market could continue to bring concern and consternation through December, then immediately take off to the upside hugely the first week in January. I think this would be the “max pain” event for many market participants.
that has pain written all over it
Santa was shanked at Gratiot and 8 mile next to the White Castle. You are getting a barrel of crude and a F’ you in your stocking. Carry on
That White Castle has a serious option for violence. LOL, what do you know about that place? That used to be my spot.
Smart money positioned short last week just prior to the late day meltdown Friday. Going to be ugly this week as oil continues its collapse. Time to bank some REAL coin this week.
Got puts? QQQQ puts
Man QQQQ doesn’t even exist anymore; they shaved a Q for efficiency.
Wouldn’t put too much weight on a vix>vxv, here’s the relationship (.92) between the two from the horses mouth… I guess you can plot a crossover on a chart of the spx and see if it “indicates” anything
http://www.cboe.com/micro/vxv/3monthvix.pdf
thanks for a link to this resource velth, you are a keep observer