
MRKT Call: J-POW! KAPOW!
RiskReversal Pod
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The S&P Versus What Are We Looking at Here?
Every time crude excuse me gets down to sort of those low 70s it bounces and we're seeing it again. You know there was a short-term top in the underlying equities in terms of chevron I mean to a certain extent that chevron buyback announcement might have been a top, he says. Once again crude seems to be getting back on its on its you know on the wagon we'll see what that means if anything but you can't discount the fact that every time we push down to these levels there is a bounce.
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