SPDR S&P 500 (SPY): be, you could be right. We are due. I've...

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Re: be post# 54644

Friday, 07/04/2008 4:38:36 PM

Friday, July 04, 2008 4:38:36 PM

be, you could be right. We are due. I've been trading the RUT. It didn't even try to get out of bed yesterday, just headed down from the get go, but it was stronger in the futures today than ES -8.5 today). We will probably V bottom and do a swoosh up at some point. But, why isn't put/call & VIX higher. People just aren't buying puts like you would think they would, given the drop. Are people just selling rather than trying to protect positions? If that is true we could see 7000 on the DOW. I dunno...

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