Thursday, October 29, 2009

10/28 Daily Summary

Do I have to say anything? Market dropped like a rock and volatility rose like a rocket! There, simple as that.

FinViz wasn't painting a full RED picture until later in the day. Vertical Solutions forecast showed that conditions were worsening by the hour, and I used that indicator to take action prior to end of day. It didn't save me on the RUT, but made a good difference on MNX..

Position's Details
10/28 RUT Iron Butterfly
10/28 MNX Iron Butterfly

Price Action & Forecasts:

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