Friday, September 12, 2008

Long SKF @ 112

13 comments by xTrenders :

IC said...

vix is retreating

admin said...

I have a chart of vix showing a breakout... it can retrace as much as it wants today. vix will be 50-60 when this is over.

IC said...

Pattern still holding?

admin said...

should close below 125.35 at 3:30

admin said...

its still go

IC said...

It hit but did not close. Blown up?

admin said...

no

admin said...

still good

IC said...

If it does not hit 123.75 by close are you closing your options?

Shawn said...

Guys, here's my advice. VIX is the leading indicator, and would only become contrary signal at its extreme.

Today VIX up big when stocks were green. This is a very negative divergence. Same as last Monday.

Short Short Short!

streetguy said...

Sol,

keeping es over weekend?

spy target of 119 still intact?

thanks.

admin said...

yes

streetguy said...

thank you for your time.

I hope to become like you someday. in a trading sense. =)