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techcharter

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techcharter

Re: TREND1 post# 42697

Friday, 01/22/2010 8:31:29 AM

Friday, January 22, 2010 8:31:29 AM

Post# of 51818
TREND1 - Buy The Dip? Nah

The VIX trended from March '09 to October '09 in a fairly narrow channel. Since then it has become very wild. I've noticed that charts get volatile before and after major turns. The November '09 to present counts as either an ending diagonal or triangle+terminal wave. If there is any more to the upside, it should be short lived.
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