Thanks so much Duchamp! Thanks also for your kind words earlier today. That was very sweet of you :)
I screwed up my trading strategy this morning but, fortunately, the drugs I took in the early a.m. are starting to wear off and I think I'm getting my mojo back lol. I should know by now not to trade until I'm feeling balanced. That should be a rule I think lol.
I wrote a post about VIX earlier regarding it's daily chart. FWIW, it has found support above the Pivot and 38.2% Fib right now! Hard to believe when it gets this toppy it doesn't reverse but, the extreme levels in the charts are always full of surprises :)
I'm wondering if we are going to have to have a blow off bottom to get the reversal. Sure seems that way to me right now looking at all the fibs and trendlines that have been broken. The bulls made a good show of it this morning though. I'm staying short for now in anticipation of a major move down.
As always, we'll see.
Cyn ~
P.S. Anyone who wants to know more about VIX should check out Bill Luby's website. Bill is the best source on all that is VIX. http://vixandmore.blogspot.com/
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