Friday, February 5, 2010

Seemed to be repositioning

Sell-off continued today, but rebounded on tech and material stock...VIX had a strong showing...next week is setting up nice.

Thursday, February 4, 2010

The VIX is back!!!

Up over 20% today, opportunities abound to take advantage of inflated premiums. I played the DIA in a credit spread (iron condor) with plenty of wiggle room. Should be very interesting how the market responds in the comings days/weeks with regard to the sovereign debt risk issues...Greece, Portugal, Spain, Lithuania...