Wednesday, October 27, 2010

10/27 Daily Summary

No major change Today either, market keeps crawling up after bouncing back down in the morning, I guess the trade is holding my profits out by a few points by pushing it higher without a drop in volatility. This could be related to the FMOC announcement next week: market makers keeping the vols higher to drop them like a stone after the announcement... It is like a market-wide earnings report.. I'm navigating through it, let's see how it goes.