Friday 31 October 2014

3pm update - last hour of a disturbing month

US equities are flat lining, with the sp'500 set for a monthly close above the giant 2000 level, a clear 9% above the low of just 12 days ago. VIX remains broadly flat, which is suggestive of a floor, and a minor equity retrace next week.


sp'60min


Summary

*incoming news about Virgin space plane... the smaller rocket part... crashed.  :(
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I'm tired... and frankly mostly burnt out. I should probably quit my whining though, I know others are in infinitely worse situations.

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*I will hold a tiny short put block across the weekend, seeking to drop on ANY minor retrace next week.
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3.35pm... chop chop.... VIX melting lower... -1.7%... in danger of losing the 14s again... urgh.

back at the close