June 15, 2009

June 15th

I find it difficult to say anything sensible on market direction at the moment - I am looking downward but would not be surprised if the SPX moves to 1040 first. This covers me for the next 3 months - I will be able to say I told you so Mid September :)
Seriously I think both moves could present themselves with quite some force.


The butterfly is enjoying its existence.

2009-06-15-Analyze


Jun 15, 2009 9:02:48 PM

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June 16th During the day I gave you a couple of tweets - the first one was an observation that the VIX moved strongly up while the market was giving an impression to be will to break out to the upside. One...

Ernst Tanaka

Successful Option Trader (for own account); interested in associating with a professional group of traders, trading for a fund or OPM.

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