OT: Nice win oh devilish one. Looks like that trap door has opened into a near bottomless pit this morning. The SOX is now at 228.57, well below the previous low of 231.59, and falling. The lower Bollinger Band is all the way down at 217 today, and also falling, which could indicate that even that level will not be support.
stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10][vc60][iUb14!Uk14!La12,26,9]&pref=G
The worst thing of all from a long perspective is that the VIX has barely moved:
stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10][vc60][iUb14!Uk14!La12,26,9]&pref=G
That means despite all the selling we still are not near capitulation. I want to see the VIX over 50 again to signal a short term bottom.
Anyway, tell the other half, you still got it. Hands down your the best short term trader I have ever seen.
RtS |
