Sunday, December 5, 2010

The VIX Is saying stay away from the long side

Based on Friday's close, the $VIX is saying stay away from long side exposure for the time being. The $VIX is now in a position that has historically corresponded with a correction being imminent. This doesn't mean it has to happen Monday, but I'm going to be watching very carefully here.


tinymjs at gmail dot com

No comments:

Post a Comment