we got a spike in the tick value, and are going to correct slightly.
The Vix is in a Downtrend I've thrown a Trend line on it, I'm curious if it breaks it. that will be the best warning of a Reversal.
Umn we are still in this green trend channel, another warning will be if we break it.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Thursday, July 10, 2008
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