XJO s&p/asx 200
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fabilous friday, page-6

  1. peter pumpkinhead
    6,757 Posts.
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    06/03/09
    08:31
    Post #: 4872549
    That was the game plan, yes. Now its even got as far as CNBC I'm not so sure:

    http://finance.yahoo.com/news/Why-a-Lousy-Jobs-Report-Could-cnbc-14557528.html

    Dangerous to assume that those with long stock positions are going broke. The elevated level on the VIX chart shows that investors (myself included) have been hedging with puts for some time now. Why isn't the VIX spiking with the Dow fall? Perhaps some short profits being taken now?

    XJO Value at posting: 134.50
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