VIX is up over 26 today, up 2 pts from yesterday's low and now up 7 from the low in mid-August. Put/call activity is in puts, indicating hedging and fear building a base under stocks here.
As I type the DIA is up to 114.13. It doesn't take much time to move these days.
I see upside of 1-2 pts in DIA with 0.75 pts risk.
114.07 Last @ 1:55PM ET
Tim
Friday, September 12, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment