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Friday, November 28, 2014 12:50:04 PM
Right now it's getting interesting, I loaded 31 Dec 26 calls, still in them, I don;t know what the market holds but everything seems strange to me. Oil dropping can cause another housing type crunch bubble burst due to junk credit getting messy bigtime. Also don;t trust Russia, I think there is a global plot to disrupt oil to screw Russia, they can't make money now as oil cost to sell for them is negative now per barrel.
So many other reasons I don't feel comfy, ebola is also not gone.
S&P as far as I am concerned has tested resistance and seems to be failing, and the markets are HIGH either way you look at them.
I see this as a normal market correction with MANY reasons unexpected happenings can really hit the market and cause a fasdt fast drop and thus more complex volatility then one might expect, also VXX is seeming to bottom up till this moment and it seems smart $ knows something. Not sure what, as they are not allowing the VXX to fall apart technically.
Anyone else has thought here? Those are mine, lol.
Best from the Mile High!
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