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Strategies & Market Trends : Longer-Term Market Trends

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To: jjstingray who wrote (1723)9/16/2008 12:10:54 PM
From: Jerry Olson   of 3209
 
Jeff

i rarely use the VIX in any trades but at tops or bottoms on the weekly it signals we are done with the current move near term

PC ratios are out of whack too but all of these are spikes in "sentiment" anyway.

bottom line for me is, there is no trade right here...

we are captives of "news" now...not my kind of market...

if we came down 500 we can go up 500 in a blink...

just do not hold anything over night<vbg>
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