Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (78958)	1/23/2008 10:10:24 AM
From: lifeisgood	Read Replies (1) of 94695

Still no meaningful spike in VIX which suggests two things to me: 1) still way to many people expecting a bounce that, since everyone expects it, may not materiailize. 2) still no real fear (i.e., "Ben will save us" mentality). We need a more significant spike in the VIX, some REAL margin selling and panic. Then, a short-term counter-trend clearing rally may happen. Until then, we dribble dribble dribble with lots of volatility IMO. best... LIG

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