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Re: Myself °¿° post# 3041

Thursday, 10/16/2008 3:53:37 PM

Thursday, October 16, 2008 3:53:37 PM

Post# of 4839
I think the cup and handles are done on the VIX. These last two tops are building the next pattern and it might spell out a rising wedge, depending on where the VIX falls on this next drop. It could go as low as 50 but my guess is it lands around the 65-60 range based on the options chain for the next run up for it to roll over for a deeper drop.

look at all those calls at 65.

I think Dow tests 10k next week.




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