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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (78958)1/23/2008 6:58:40 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
I agree, but it may take some time, a V bottom is rare...<g>

GZ



To: Real Man who wrote (78958)1/23/2008 10:10:24 AM
From: lifeisgood  Read Replies (1) | Respond to of 94695
 
Still no meaningful spike in VIX which suggests two things to me:

1) still way to many people expecting a bounce that, since everyone expects it, may not materiailize.

2) still no real fear (i.e., "Ben will save us" mentality).

We need a more significant spike in the VIX, some REAL margin selling and panic. Then, a short-term counter-trend clearing rally may happen. Until then, we dribble dribble dribble with lots of volatility IMO.

best...

LIG


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