Good morning Bob This is such a boring week, I have spent very little time sitting at my computer watching the market... 125 Spy is the magnet for expiration and there isn't likely to be any news to move us either side of that this week very far by weeks end anyway. The drop will not be revisited, IMO VIX is the story really, it is saying it as clearly as possible, we have a stretch ahead where all the Euro issues will wait for March and the revamped efforts to put in place the new Treaties. Whether this turns into a bigger rally next week (Santa Rally) who knows but I think the VIX is saying yes it will.
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