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Technology Stocks : Semi Equipment Analysis
SOXX 305.47+3.1%Nov 5 4:00 PM EST

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To: Sam who wrote (54044)10/3/2011 3:37:21 PM
From: Return to Sender1 Recommendation  Read Replies (3) of 95367
 
Some of the Volatility Indexes are hitting higher highs today. That's not what I would like to see were I completely bullish. Long term market bottoms form on lower highs for these indexes.



The VIX is still showing a lower low but the VXN actually follows the NASDAQ closer:



I also find it unsettling that almost no one is even bitching about the market going lower. Seems we are all resolved that it will go down until it stops. No 90% upside days yet and that's for certain! In fact almost the reverse again today especially on the NASDAQ.

RtS
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