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Maybe the 'puke day'is close, maybe we get it today ( some found my comments in last nights update funny)? The market needs a catalyst to put in some kind of bottom, either some positive news, or simply an all out wash out capitulation day
who's coming to the party, and who's not?
financials are coming, and perhaps biotech and precious metals are not
or maybe those who don't show up might at least drive down to check it out a wee bit later
Can you put up a good chart of the $VIX and $VXN, please? Thanks.
Here's one:
http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=1&mn=0&dy=0&id=p10751796150
Testing the upper Bollinger Band, where it's invariably fallen back from, and other indicators are at highs from March '07.
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Maybe the 'puke day'is close, maybe
Posted by matt on 15th of Jul 2008 at 10:04 am
Maybe the 'puke day'is close, maybe we get it today ( some found my comments in last nights update funny)? The market needs a catalyst to put in some kind of bottom, either some positive news, or simply an all out wash out capitulation day
the big throw up party
Posted by andreac on 15th of Jul 2008 at 10:14 am
who's coming to the party, and who's not?
financials are coming, and perhaps biotech and precious metals are not
or maybe those who don't show up might at least drive down to check it out a wee bit later
Capitulation
Posted by bob52 on 15th of Jul 2008 at 10:09 am
Can you put up a good chart of the $VIX and $VXN, please? Thanks.
$VIX Daily
Posted by bob52 on 15th of Jul 2008 at 10:16 am
Here's one:
http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=1&mn=0&dy=0&id=p10751796150
Testing the upper Bollinger Band, where it's invariably fallen back from, and other indicators are at highs from March '07.