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Myself °¿°

10/16/08 1:11 PM

#3042 RE: Myself °¿° #3041

Daily Vs Weekly VIX pivots...
92+/- Vs 94+/-
Obviously these will change next day/week



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AnderL

10/16/08 3:53 PM

#3043 RE: Myself °¿° #3041

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.