It once again was a tape painter painting on VLDI at the close with 2,000 shares @ .0588 before that there was about 130,000 shares at .052. In any case the .05 level held, we tested it briefly at .0495-.0499 and then bounce upward.
Yes, the next few days in the market will be interesting with a 10% correction in do we see a further correction of 5 % or are we done and bounce back? I believe the correction has further to play out only because this has been one of the longest bull market runs so far in history with its first only real correction. In addition be cautious here because volume may pick up in September, but market performance usually drops Sept-Oct. since these months are usually the worst performance months for the stock market.
BTW, yes I do play options, both writing them and buying them. fwiw
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