Back to reality.....XMI at 1202.30 will confirm the turn. Also building a potential head-and-shoulders with right shoulder on much lower volume. Everybody is in their bull trade, so let's just sit back and wait for it to make us rich!
Monday, October 11, 2010
10/11 2:30
VIX is at 18.80, down almost 2 points on the day. VIX produces exhaustion gaps at end of long trend. Sentiment is extremely lopsided with the options players looking to make a killing on the upside.
Back to reality.....XMI at 1202.30 will confirm the turn. Also building a potential head-and-shoulders with right shoulder on much lower volume. Everybody is in their bull trade, so let's just sit back and wait for it to make us rich!
Back to reality.....XMI at 1202.30 will confirm the turn. Also building a potential head-and-shoulders with right shoulder on much lower volume. Everybody is in their bull trade, so let's just sit back and wait for it to make us rich!
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"To get rich is glorious."
ReplyDelete--Deng Xiaoping
But don't create an ecological disaster while doing so.
--99er