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To: AllansAlias who wrote (1724)9/16/2008 10:38:27 AM
From: jjstingray  Respond to of 3209
 
I am not talking about a huge move here. I am scalping here and there and think there is a decent chance of the gap closing today and possible more. You may be right about the VIX, as I said in a post yesterday, it is a nebulous indicator.

Are you playing anything short?



To: AllansAlias who wrote (1724)9/17/2008 2:16:05 PM
From: NOW  Read Replies (1) | Respond to of 3209
 
nice action in the miners here today: daily charts show 3 waves up off the lows so far, but lots of volume coming in here is nice as well as divergence with the broad market
bearish case: this is C of abc off the lows. bullish case: we are starting the much ballyhooed but seldom seen 3 of 3