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Post# of 148479
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ajtj99

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ajtj99

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Re: MetalFillBoy post# 116817

Monday, 03/24/2008 6:20:02 PM

Monday, March 24, 2008 6:20:02 PM

Post# of 148479
Metal, the VIX 60-min indicators showed positive divergences at the lows today, indicating the VIX will re-trace some of the drop from last week's highs. However, the daily VIX is still pointed towards the 23 area, so the re-trace should be in the context of an overall bullish trend for stocks (the VIX is typically inverse to the stock market).

As for the put/call ratios, the equity put/call was at about 0.63 today, which is not real bearish but still lower than we've seen.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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