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No Such Luck


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Stoolies:

 

I'd like revenge for personal reasons against this worlds' biggest tech company NOT when all their profits are from services nOT selling tech equipment.

 

IBM Bumping up against 50MA line, can it break above? buying volume drying up though. Wait for the fake closing of gap before shorting and wait until month end mark up is over OR be brave and short the sucker now and then..

 

care to comment? I know Tom No Brian says IBM is his only short his holding right now as Tom O is looking to BUY the big cap crap on the next retracement provided the sell volume is light.

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VIX and VXN going the wrong way (for bears), OPEX distortion or a sign of pain to come (for bears)?

The low VIX is either a bullish divergence, or, more likely, opex related. On this latter thought, I'll go further and note that the extremely, ridiculously low equity pc ratios with the low Vix makes it look like heavy institutional dumping of calls on hapless bulls, but it's just my own guess.

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