thursday's distant voyage, page-6

VIX - double bottom with Aug 15/16 levels

DJIA - Hit mid march level resistance.

I remember an article about 1 Eur country requesting something along the lines of more stringent terms/collateral from Greece the other day which could be a major spanner in the Greece package (from memory 7th Sep due date). Also not a great deal being discussed in spreads at the moment. Will wait for this run to collapse and media to play up the market armageddon once again.

At the moment chassing the market for longs is just plain silly risk wise.