A little boring

All the indexes closed about even, no big ups, no big downs…..and where did all the traders go? Volume has been coming down for more than a week, along with the VIX, as it did go sub-30, closing at 28.8. So less volume and less volatility….daytrader’s hell. :twisted:

My activity was tame as well. All I did was add to my BGZ position and started a small TZA position on the market rallies. And with that last half-hour stumble, both positions went green.

After hours, HPQ had a mediocre report, the UK has a scandal in its House of Commons, BAC reported they have diluted their shares to the tune of 1.25 billion shares, and futures reacted downward. I’m still looking at overbought markets and see a downward move….sometime this week….but we’ll take the market as it comes.

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