Friday- Option Expiration And Rotten Fruitage

Its option expiration and often we get a large push of volume . The markets are looking  more and more like they are heading in the direction that I have been calling for.

I pointed this out on Jan 6


It has followed that exact path and this is what I am thinking going forward...

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Hanging In There?

Volatility is here and the markets are rocking and rolling.  If you have been reading my thoughts here,  you know which ones are 'Buy the dips' and which are not.   Lets review.


I said that I was interested in this , for one thing. A break above 22 would be 'Interesting' to say the least. Do you know where we are now?


Well, the markets gapped down big yesterday and  and thus Vix gapped open to 24 recently and then sold off back under that line to $21.50 yesterday .  Is that the end of it?

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This message is an afternoon update. 

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