Weak Cont'd

Weakness was obviously order of the day though we opened in the positive all volume indicators pointed that we were weak and the weak hands showed themselves in the last 2 hours. Don't try and catch a falling knife the first point I would look for some support is 1303 on the S&P. In the meantime my weeklies S&P puts I got in this morning are up 55% for me!!!! Bingo

Weak

Markets looks exceptionally weak here - I would not be trying to catch a falling knife- Actually stepped into some S&P weekly puts small play at the open