Heading Out Early

I am heading out early. Expiration is now firmly in control of the market and it should stay that way until Monday afternoon. The VIX is at 16.44 so I don't plan on selling any volatility this expiration. Have a good night.

2 comments:

Anonymous said...

I agree that the market is set to pullback next week, but does it bother you that now EVERYONE is also in agreement?
Just reading on Cramer and fast money crew and everyone else is saying prepare for a 3% pullback.

It just seems to picture perfect?

Tsachy Mishal said...

Its a good point but most of the evidence points to the fact that people are not acting bearishly even if they are talking bearishly.