QQQ Diagonal Put Spread at a debit of $1.44
(Sell MAR 16 '12 63 Put
Buy MAR 30 '12 65 Put)
Comments: Market is not able to break overhead resistance. Bond prices didn't fall in spite of market strength indicating large investors are churning their portfolio by adding bonds. Volatility Index is rising. It could be a short term top.
Updates to the "Last 10 trades" section of the blog will be made shortly.
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