tag:blogger.com,1999:blog-3909505513533980987.post2180864699882355645..comments2022-08-01T05:34:44.020-04:00Comments on Trader Craig's Market Edge: Merry Christmas!Anonymoushttp://www.blogger.com/profile/09362814861901777574noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3909505513533980987.post-27253859863263021712009-01-02T17:13:00.000-05:002009-01-02T17:13:00.000-05:00There's a lot of skepticism about this rally. ...There's a lot of skepticism about this rally. I love that because i think this rally has farther to go. On one blogsite, with a very active message board, posters were getting short in various forms on the close Weds 12/31 - shorting the S&P futures; buying inverse index ETF's; buying puts. <BR/><BR/>The Q's sold down fast & hard after the close today as it did after the close Weds (where did that get them ? LOL) Many posters were doubling their losing short positions. <BR/><BR/>Btw, the VIX went nuts at the close.<BR/><BR/>MANY are all too anxious to label this mkt as overbought as they did early today as well as on Weds.<BR/><BR/>Lastly, the drop in TLT today is bullish for the stk mkt - flow of funds.<BR/><BR/>Regards, <BR/>daveAnonymousnoreply@blogger.com