SPDR S&P 500 (SPY): We have now had 8 higher highs on the VI...

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Thursday, 09/11/2008 10:21:41 AM

Thursday, September 11, 2008 10:21:41 AM

We have now had 8 higher highs on the VIX...We need 12 to 15 for a trend reversal..Looks like more down before we reach a bottom..Unless we spike up to around the 30 level first...
http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=5&dy=0&id=p84524722597&a=6700139

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