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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (88976)7/22/2009 10:28:36 AM
From: Real Man  Read Replies (1) of 94695
 
You are probably right, but I'm still inclined to sell spoos
here, if I do anything with spoos at all. The spiral major signal
is only approximate at this time frame, and there are 2 major
resistance levels directly above where we are. I expect a drop
to low 800-s, but you can plot the stuff once the high is
made and it will figure out the number.

Perhaps, if these 2 major levels got broken to the upside,
I would reconsider. Note that we are hitting a major support
for VIX as well. -g-
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