Tuesday, May 6, 2008

12 Day Low On The VIX

WOW - Almost a new 13 day low today... With my OIL longs, I will have to watch closely as this market is about to turn. Could be tomorrow, could be several days, but a close watch of the VIX will give you some rather perfect short entries. Just pay attention and be ready with your shorts. Have a basket of them ready to go when the market starts to correct.

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