The S&P rises again on Friday to new highs closing at 1217.28, but I noticed that the VIX rose along with it, which means that heavy put buying was hedging against the market.
When I started trading back in 1998, fundamentals were important as well as P/E ratios, when making my trading decisions, they still are for long term investments, but after reading countless books about stock trading, investing, technical analysis and subscribing to every known stock trading site there is around and by trial and error, I evolved into a technical trader.
I started this blog to share my opinions on trading the SP-500
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