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This action might be a natural result of the VIX dropping to "low" levels that hedgers find too attractive to resist, but it still gives me pause as VIX options trading has generally represented smart money at work.
This interpretation would only make sense if you felt the VIX represented smart money, an evolving conclusion that we at Schaeffer's have reached over the course of this year.
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Less certain, however, is whether Bella represents smart economics.
Such an intervention represents smart, reactive police work.
On its own terms, the production represents smart, clean, effective work.
But analysts and political scientists say the differences in the two candidate's monetary support may also represent smart fund-raising.
Protesters in uplifted bras, thongs, Playboy outfits, corsets, red ribbons, with hair looking as if it has been thrashing on pillows all night, and sporting risqué tattoos represent smart insubordination and empowerment.
The question that arises from these incidents is whether banning civilian airline parts represents "smart" sanctions that are intended to maximise the pressure on the ruling regime while limiting their unintended side effects, or whether it puts the lives of innocent travellers of all nationalities at risk.
Smart Devices ASP represents Smart Devices net sales divided by Smart Devices volumes.
"It embodies exactly what NAVIGON represents – smart, useful features backed by elegant design". .
To the degree that this group represents "smart money," these shrinking shorts are a vote of confidence for the current rally.
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