SPDR S&P 500 (SPY)

[sage777]

Yes, I am familiar with it...thanx for the thought tho
Check out the sept calls for vix options...plus there is an article (last week) on zero hedge about GS's position and/or manipulation of investors ref: vix options....
looks like volatility is back into the equation.
IMO the market is coming down, when, is the question....trying to think like one of da boyz and how they plan to sqqueeze the most money from the greatest amount of people....grrrr. Best strategy is to just be nimble...enter positions gradually and hedge for the downside cause TARP is being invested, not lent out...QE1 is not working...China is slowing down...Euro debt issues not over....anyway, we shall see...I guess I am just frustrated cause ideally, I would like to just function on fundamentals without the GS and Heli-Benni central bank BS#@. IMO the only solution is to get rid of central banks and the usury system with its FIAT nonsense. But....dream on I guess...for now we will just try to zigzag our way around and scalp what we can...
On a happy note...the night is beautiful up here
PS. Guess you weren't expecting all of this spdpro...? LOL
Have a nice weekend