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Fox13

01/08/09 12:50 PM

#42104 RE: 3xBuBu #42096

Yes BuBa, I agree with you again. I am out of my short positions in major indices, which I kept overnight, as previously posted. Getting out was suggested by the “Swing VIX” chart in which the VIX reversal happened close to the projection of a cross-over of the slow & fast Fractal Moving Averages (white & green horizontal lines).
I have a hard time predicting the reaction to the employment data tomorrow and I might stay out for a while.