Thursday, September 11, 2008

09.11.2008 Thursday's Trading

I would be remiss not to mention the symbolism of this day in the U.S.'s history. My heartfelt feelings go out to all those who experienced tragedy seven years ago.

Today the market took it on the chin in the opening minutes. SPY and XLF are near their lowest daily pivots while DIA is below them. The VIX is making new highs for the cycle.

1 comment:

Zen said...

Still holding my shorts. If XLF can break $20 I will probably cover everything and wait.