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To: Galirayo who wrote (7620)7/13/2008 11:58:33 PM
From: jaker  Read Replies (1) | Respond to of 41469
 
Biotechs anyone?, They have been hanging on during the general down slip... They are not at the bottom, but they do not look ready to crash in the daily or weekly timeframes.

Probably toss a few XBI into an IRA this week.

h1.ripway.com



To: Galirayo who wrote (7620)7/14/2008 12:16:43 AM
From: jaker  Read Replies (2) | Respond to of 41469
 
$VIX likes to keep us guessing... look where it stopped... If the SPX slips, the rising wedge changes to an up channel, which of course is less Bullish ( more of the same). imo

h1.ripway.com



To: Galirayo who wrote (7620)7/14/2008 3:23:52 AM
From: Moominoid  Read Replies (1) | Respond to of 41469
 
Yes and Syria will open an embassy in Beirut and vice versa....

You need to look at a longer term chart of the VIX. Looks more like a top than just before a top when you check out previous tops...