AI
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| Alias Born | 04/01/2000 |
Monday, October 03, 2011 3:37:27 PM
Some of the Volatility Indexes are hitting higher highs today. That's not what I would like to see were I completely bullish. Long term market bottoms form on lower highs for these indexes.
The VIX is still showing a lower low but the VXN actually follows the NASDAQ closer:
I also find it unsettling that almost no one is even bitching about the market going lower. Seems we are all resolved that it will go down until it stops. No 90% upside days yet and that's for certain! In fact almost the reverse again today.
RtS
The VIX is still showing a lower low but the VXN actually follows the NASDAQ closer:
I also find it unsettling that almost no one is even bitching about the market going lower. Seems we are all resolved that it will go down until it stops. No 90% upside days yet and that's for certain! In fact almost the reverse again today.
RtS
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