The market has risen dramatically and typically option volatility or "tao"risk drops with and advance in Prices. This time the vix have steadied which will have to be watched 25.xx levels should also help our members not be afraid to use puts or calls to hedge positions that they do not want to blow out. Monday can be anomalous so let's see tomorrow but if we get no correction than we are getting a statement from the Option consensus historically a pretty savy group that a correction may now be imminent. However it should be noted that most smart money has been wrong about this rally and have ben saying all through these two weeks that we have gotten way ahead of themselves but if you were short for the last three weeks than chances are you are not ahead of yourself but behind the eight ball.
This latest knuckle head is using phrazes like "when the US sneezes the rest of the world catches a cold " The wells Fargo guru must lhave been stuck in the vault this past year because things are Global more than ever and China is on the way to being #1 market cap wise
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