Comments on: Monday’s Trading – 6/29/09

By: George

George — Tue, 30 Jun 2009 03:02:50 +0000

after,

I haven’t traded the VXX. It has done nothing but go down since creation. I don’t short stocks, so I would have to wait for an upside setup.

George — Mon, 29 Jun 2009 22:06:27 +0000

The XLF dropped below its daily 36MA for a sale on that time frame.

The weekly is above its 36MA and remains above its sale signal. The weekly could drop back for a test of the 36MA.

Dressguard — Mon, 29 Jun 2009 22:05:08 +0000

Neither Matt nor Yerk were posting today. Very bearish.

junglegirl — Mon, 29 Jun 2009 22:04:27 +0000

With the huge upswing in program trading, it looks as though EOQ rules.

after — Mon, 29 Jun 2009 21:37:19 +0000

re the VIX, has anyone traded VXX ?

I’m still with my DXD and QID with the cov. calls sold on both…

George — Mon, 29 Jun 2009 20:39:56 +0000

phil,

HAHA,,,, my montra, too.

phil — Mon, 29 Jun 2009 20:34:16 +0000

george……take the money and run

George — Mon, 29 Jun 2009 20:27:45 +0000

Charlie,

I don’t know what the catalyst will be, but the VIX is gonna bounce off of Matt’s spring and go to the moon. I can hear it creak when it tightens.

George — Mon, 29 Jun 2009 20:26:18 +0000

phil,

What’s TMAR? I can’t wait to hear this one.

phil — Mon, 29 Jun 2009 20:26:12 +0000

mitch….thanks