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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Davy Crockett who wrote (16898)3/31/2015 1:04:19 PM
From: Fintas  Read Replies (1) of 33421
 
Davy.. VIX.

I put up a chart on Zman's board.

What do you think is going to happen. Retest that 13 to go to the long awaited 8. HINT the previouls lows under that 13 were in the 10.42 range. Those praying for 8. GOOD LUCK.

And those who think the VIX will break the triple bottom using the .50 at the 13. OK if you say so.

Yet those who understand what you are putting up and do understand that FA and FED actions etc can effect the market.. Then I suggest they consider the flip side of down...the ending of the spx rally and the move up of the vix and similar.

I'm on record re VIX 29 as SAFE.. That hasn't change a bit due to some near term reactive rally. IMO Fintas
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