VIX 60min momo is now turning up, as daily VIX is showing +D reversing from support at 45.
Markets will be volatile as we don't have sound economic growth plans with US debt clock ticking bomb. We don't hear solutions to the problem except more spending quickening the debt bomb to go off. We need to hear long term plan as to how we are going to remedy the problem.
~~~~~~~~~~ Madoff warning
The Outstanding Public Debt as of 19 Dec 2008 at 12:22:01 PM GMT is:
$ 1 0 , 6 6 1 , 4 5 8 , 7 2 2 , 6 7 3 . 6 5
The estimated population of the United States is 305,302,508
so each citizen's share of this debt is $34,920.97.
The National Debt has continued to increase an average of
$3.69 billion per day since September 28, 2007!
Concerned? Then tell Congress and the White House!