Interesting: the downturn has been confirmed for SPX but not for the Qs which closed slightly above the 46 benchmark. This morning in pre-market the new-wave technologies and some biotechs look OK. I expect AONE (car batteries) and VVUS (5 presentations at the Diabetes Meeting in Florida, on June 25) to stay strong for a while. The No. 1 question: is window dressing for End of Quarter going to be active?
I sold the VIX calls and the indices short positions yesterday on close.
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