The New CS Board

[ahimsak]

btw, instead of watching price action, watch the vix for clues of a bottom. 20 to 22 will be the first support, then 30 to 32 the next. Doubt we get to 30 or higher before the election.

then buy, buy, buy at vix 45. ONly been higher 5 times since 1987_ oct 19th, 1987, the big drop in oct 1997, in oct 2002, oct 2009 (ok, got to over 60 in 1987 and oct 2009, but still if you bought at 45, you would have made money pretty quickly) and of course recently in oct 2011 and august 2015. All were major bottoms.