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Category Archives: NCTY


Some Profit-Taking? SPX, Nasdaq, DO, RIG, SLB, SOLF, LDK, TSL, NCTY

The market jumped out the gate this morning. SPX topped 1440 and Nasdaq went above 2550. But, soon after lunch, as VIX hit below the $16 support, profit-taking started. On the member site, I said,
HappyTrading
Posted May 19, 2008 at 10:49 am | Permalink (Edit)
VIX
hitting $16; some profits are being locked in.
We also […]

Review 8/28/07: SPX, Nasdaq, STX, NCTY, LEND, BA

It was an ugly day on the market. House prices fell and consumer confidence was lower. The market started down and continued to bleed until the close. SPX dropped 34.43 points; Nasdaq lost more than 60; and the Dow gave up more than 280 points!! VIX jumped 15.76%!
We did pretty well, […]