Wednesday, November 21, 2007


Blogging will be light over the next few days due to a scheduling conflict. The NYSE Arms hit a very high 2.37, the total put/call hit an elevated 1.94, the VIX hit a high 27.3 and the ISE Sentiment Index hit a depressed 73.0 this morning. My intraday gauge of investor angst is elevated. I expect stocks to cuts losses meaningfully into the close. I am still positioned 75% net long. Have a great Thanksgiving holiday and thanks for reading!

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