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Strategies & Market Trends : P&S and STO Death Blow's
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To: Win-Lose-Draw who wrote (26586)1/28/2003 12:31:55 PM
From: jjstingray  Read Replies (1) of 30712
 
I think this is a market being propped up. There is nothing bullish about our market and the VIX, VXN and put call do not reflect any sort of panic. A lot of people before me have discussed this, but I just keep following that VXN triangle.

Could we get a strong bounce after the SOTU speech. Sure, but even if we do, I think it will be short lived. Short stocks with huge call positions in February and small put positions. That is what I have done.
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