Bull Market ??? Check Out The VIX
A quick glance at the VIX (Volatility index for the S&P's) will tell you that we are making a high right now that is the likes of Aug., 2007 and before that it was March of2003.
My point is the VIX is making a HUGE high right now. It is certainly possible that the VIX is invalid because of this crunch were in, but in the event that the VIX is accurate, lets investigate and get ready for a large bounce or a nice bull run.
My point is the VIX is making a HUGE high right now. It is certainly possible that the VIX is invalid because of this crunch were in, but in the event that the VIX is accurate, lets investigate and get ready for a large bounce or a nice bull run.
In telechart the VIX is VIX--X. A gap up tomorrow would be awesome. It would put it potentially at some all time highs. The opportunity is when the VIX starts falling, because when the VIX is falling the markets are rising.
Keep your eyes peeled. I will look for opportunities with the VIX in mind. I'm still sitting on the sidelines today.
Mark
Labels: Trading with the VIX
posted by Mark Deaton at
10:37 AM
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