Tuesday, November 24, 2009

Not much to say...

Not much to say tonight, I won't be posting any charts till this weekend. Its a holiday week so trading will be extremely light tomorrow and Friday.

I expected us to chop up tomorrow and into Friday's session. Will we make a marginal new high on SPY? Maybe...but that may be it for a long while.

Ok...one chart:
Vix hit support...Hard to believe the vix will drop too much more. During any other time, I would expect a STRONG reversal in the VIX and a SHARP drop off in the market.
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