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euterpe1

01/08/13 11:57 AM

#1448 RE: GLENO34 #1437

$VIX is bottoming on the daily. Weekly is pointing down, but has been less reliable lately.

http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=9&dy=0&id=p59741680182

If the spx tracks similar to late Novemeber, then we will hit the mid bb on the daily and then grind our way up for the next 2 weeks. Then budget crisis part 2 begins.