Thursday, October 23, 2008
We are close to a retest of yesterday's lows/ S1 (SPY $87.50). Pretty strong slide. VIX amazingly at +71 again.
11:10AM PST: WAMU Auction Dissappoints and we all fall down. VIX just under 78.
12:15PM PST: We took off of a higher low and are back at the VWAP (possible resistance). Risky days.
Posted at 1:05 PM