Like everyone else I'm trying to find the bottom and I think the dow at around 21500 will be it. So we have quite a bit more downward action to go. Imo, this payroll tax cut might see a small pop in the market but if a 50 point cut by the fed wont do shyt I highly doubt the payroll tax will do shyt.
Again, on the sidelines. I do intraday scalps on the spy, in and out in a minute. But the implied volatility makes options more expensive and risky.
Again, on the sidelines. I do intraday scalps on the spy, in and out in a minute. But the implied volatility makes options more expensive and risky.