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Author Topic: VIX shows market may top out soon.
ththf
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Just my feeling and TA.

when most people get in, then IR hike may push down market.

Posts: 742 | Registered: Dec 2003  |  IP: Logged | Report this post to a Moderator
Jeremy
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Yep, VIX is not looking good.. but what looks even worse... take a look. I think we're headed for a good solid end of the year decline now.

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mryj2000
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[img]http://bigcharts.marketwatch.com/charts/big.chart?symb=vix&compidx=aaaaa%3A0&ma=4&maval=67&uf=0&lf=268435456&lf2=32&lf3=4&type=4&size=2&state=11&sid=1558315&style=350&time=7&f req=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=8276&mocktick=1[/img]
VIX is 13.18 today. All time low in one year. Big down or huge down ahead. http://bigcharts.marketwatch.com/charts/big.chart?symb=vix&compidx=aaaaa%3A0&ma=4&maval=67&uf=0&lf=268435456&lf2=32&lf3=4&type=4&size=2&state=11&sid=1558315&style=350&time=7&freq=1 &comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=8276&mocktick=1
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TraderTom
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Nice analysis! Also, the S&P500 and DJ are trading just along their upper channel lines on the monthly chart.

I ran into an interesting article from Alan Farley, who seems to think along the same lines:
http://www.hardrightedge.com/realmoney1.htm

Posts: 323 | From: Honolulu | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
   

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