Tuesday, November 28, 2006

 

Buyers Come Back

Yesterday was carnage. Today the Bulls came back to the market tentatively as investors digested a spate of mixed economic data and fairly soothing remarks from Federal Reserve Chairman Ben Bernanke.

The SPX was up 4.82 to finish on 1386.72 and our position is looking a bit better than it did yesterday. We are in green but we really still want some good upward movement to put us back to delta neutral. A guy I was watching on CNBC said that good markets are hard to keep down. Lets hope so!!

Until next time.





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