$200MM Gets Out of His Down Position ...

... and we go down.

I missed Friday. Sorry. The $200 million man is demonstrating the opposite concept very well these last week. Since last Wednesday:

Wednesday: 65.12/359.15 (he's all in or mostly in on the down side, and we go up)

Thursday: 63.88/184.90 (he gets out of his down position, and we have a down day)

Friday: 57.78/280.94 (gets at least partly back in on the down side, and we go up)

Today (Monday): 71.31/181.30 (he gets out again, and again we go down)

Again, it's always fun to speculate on the psychology. I'm going to guess that he's getting worn out and may just stay out here, which could let us go down.

The Nasdaq 100 got a little more positive the past couple days. Today was 109.34/87.24. You'll recall it was near even money last Thursday. My best guess is still that it must go negative before we reach a bottom. Just guessing though. We'll see what happens.

Rob