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An Insult to Every American

June 28, 2010

“If you want to find out why our PIP Program performs as favorably as it does, sign up for our July 17th In-Office Protected Index Program Seminar.” — Tom Haugh

Good morning. Down week for the market last week, with the S&P losing 3.5% to close at 107.87. The VIX shot up 16% to close at the fairly high number of 28.53. It seems, for the moment at least, that we are still stuck in this trading range of roughly 1040 to 1120 on the S&P, with the market wanting to flutter somewhat violently back and forth from the 1080 number.