CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: jaker who wrote (9273)	11/11/2008 8:48:30 AM
From: robert b furman	Read Replies (1) of 41410

Hi Jaker, Vix due for a bounce or to fall out? stockcharts.com If it was a stock - I wouldn't buy it with a ten foot pole - hoping for a new highs would be just hoping IMO. Recent pop to 65 looks like a dead cat bounce to me. The real top @90 came after a weaker Macd second top - classic wouldn't you say. Dips that have had higher lows have shook out fewer new lows. stockcharts.com Money rates have fallen Libor etc. Are we on a precipice to further decline and greater volatility. Or will the billions allocated actually begin to flow and the huge gains/benefits of vastly cheaper energy begin to ease our collective minds. One thing for sure - the money must flow or we get higher VIX. It is always darkest before dawn. All part of the bottoming process - fear at every move - grinding fear. Bob

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