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S&P 500
5,751.07
(
0.90%
)
US TECH 100
19,476.00
(
1.10%
)
Dow Jones
42,352.75
(
0.81%
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Brent Oil
77.97
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TREND1

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Re: PriceTeam post# 41753

Thursday, 10/22/2009 9:31:20 AM

Thursday, October 22, 2009 9:31:20 AM

Post# of 51852
A Last Chance for VXX

"In my scramble to make sense of it all in the final hour, I checked on the VIX. Sure enough, volatility spiked upward. The VXX, an ETF that somewhat tracks the VIX, has printed yet another potential (near-term) bottom. The chart below shows a hammer pattern often associated with bottoms. The volume traded on VXX was the highest by far over its entire 8 months of existence. This volume surge adds further weight to a potential bottom."



http://seekingalpha.com/article/168066-a-last-chance-for-vxx?source=email

TREND BOARD http://investorshub.advfn.com/boards/board.aspx?board_id=12981

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