Tuesday, February 9, 2010
Grease
Its all about Greece today... and whether they can get some backing. Euro is up, buck is down, stocks are up around the world but tentative. CNBC is monitoring it and nothing definitive yet. Discussion of comparing greece to california and both of their potential banckruptcys. I got in half my VXX but the 60 minute charts are still pointing down so I am waiting to buy the rest when that resolves. 2 and 5 minute have turned up, and daily of course is giving a buy. I tend to overlay focus on getting the best price.. which more often than not screws me up. SP is up 17 but hasn't hit its target of 1092 where there is a 92% probability that it will turn down again. Id like to see that then load up on the VXX
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