Wednesday, January 07, 2009

REALITY BITES

Stocks set to drop as jobs in focus Jan 7: 8:25a
Markets to consider Alcoa payroll cut and two reports on December employment. (more)
Mortgage applications dip despite low rates
Announced job cuts remain high, firm says

Watch for rise of VIX back above 40 for early warning.....so far sellers have hibernated.

D

1 comment:

Anonymous said...

YESTERDAY, WE MADE A NEW HIGH FOR THE MOVE, JUST BELOW THE 950 AREA, AND WE LOST 3291 CONTRACTS IN OPEN INTEREST? DOESNT SEEM LIKE MUCH BUYING INTEREST AT RESISTANCE!