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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (41254)	12/4/2012 1:28:59 PM
From: Mr. Aloha	Read Replies (3) \| Respond to of 222681

Yeah -- with stocks short-term oversold and refusing to really break down so far with the VIX up a lot the last 3 days, I think there's a chance of an end-of-day rally that would lift both gold and silver. The VIX is up over 16% in 3 days, almost a point higher than where it closed the day of the recent low, while the market's down less than 1%. It seems lots of people want a bigger market selloff, but aren't getting it yet. I've covered my shorts for now and took a contrarian long.