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

"Sell down to your sleeping point"

Thursday, April 2, 2009

vix

There was a comment on something I read about the VIX and it being stubborn.

Well the market can't move if the vix isnt' High... so... It's a good thing, though a move under 40 would make some people feel better.

But another theme "we" track, and by We... Teresa Lo has taught us to track the asset classes and be Weary when all assets track as One Asset.... IE All assets are sold, IE all assets are being purchased.

I did just check and of the asset classes I'm tracking 3 are being sold 2 are neutral and the rest are being purchased....

Which suggests that at this point, the "upside crash" we have been experiencing, Might be fading.

No comments:

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc