I honestly dont know really what to think here...I feel like the market is about to sell off hard...but no way in the world would I be short or hold a bear position at the moment...
have largest short position since March...obviously hoping for big flush sooner than laterI was early in March...probably early againpaint chips don't taste as good as tator chips
Sometimes you just have to watch...
It's OPEX this Friday, we really should see this market move "somewhere". We usually get a couple of good moves OPEX week, but not this time.Maybe the big option play this month has been the 100 point spread in the DOW we've been stuck in. Volume sure does suc anyway you look at it.In the end I do beleive that price and volume are connected. Lots of supply and no demand here.
Our model suggests the Monday spike in the $TZA was the opex counter move, with the true bias now lower to and through Friday expiration.
When in doubt, do nothing.
...after the market's closed. effin' amazing!TiNA going to the MOON in ARCA after hours trading. TAZ as usual is bottom dwelling (again).
Tommorow, you get job claims,philly fed index, and housing starts, if we get a sell off, i'd say friday, depending on the economic #'s tommorow. But this is a very low volume market, so they can manipulate big time. Imho.