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.
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.
