Tuesday, March 13, 2012

US money flow and volatility 12.3.2012

During last 10 days, there has been only 1 day with money inflow. Money outflow has been steadily continuing, but still the prices haven't decreased.

Term structure of volatility steepened to the levels we haven't seen for many years. I don't know if this whole rally is about short covering, but at the moment short term traders seem to be very very optimistic compared to their longer term colleagues.