Rumors that the Greek govt may not last long enough to do the referendum has the futures screaming up after market. Who is crazy enough to trade this volatility? At times like these, my go-to contrarian plays are long TBT or short VIX, the former a tad more attractive than the latter. Either should turn out okay, if this rumor does not reverse overnight!
And dutifully the Fibonacci guys (here) and gap guys (here) appear after I spoke about them this morning. Actually the first posted in the morning, but I promise I didn’t see it before class! If I am so good, why am I not making much coin?