Seeking Alpha

Dr. Kris'  Instablog

Dr. Kris
Send Message
Dr. Kris has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her satisfaction), she decided to tackle something even more difficult—the stock market. Applying the scientific method along with an insatiably... More
My company:
Stock Market Cook Book
My blog:
Stock Market Cook Book
  • Intraday Market Notes & Observations - June 14 0 comments
    Jun 15, 2012 4:00 PM

    2:00 pm ET: Everyone is talking about this morning's rally as if it's something special, but if you compare yesterday's intraday support/resistance ranges with today's, you'll note that not much has really changed except for one thing: The VIX is moving higher. What this is telling us is that uncertainty is increasing and rightly so especially in light of this Sunday's Greek elections. Despite the fact that 80% of Greeks say they're all for remaining in the Eurozone, it could well turn out to not be the case. And if that outcome pans out, then all H-E-double toothpicks is going to break lose. On that ugly thought, it makes no sense to take on any new positions unless you plan to divest yourself of them by tomorrow's close because for the near-term, being long is being wrong.

    Themes: VIX
Back To Dr. Kris' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Intraday support/resistance: $SPX 1977.75/1986.25, $DTX 840.5/848.5, $DJIA 16895/16985, Nasdaq 4516/4533, $RUT 1154/1159: $VIX 11.85/12.25
    about 11 hours ago
  • Miners ready to take a break? Topping tail seen in $XME indicates buying pressure drying up.
    1 day ago
  • RIP: Just found out that long-time voice of SNL, Don Pardo, passed away at 96. A truly distinctive voice.
    1 day ago
More »

Latest Comments

Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.