THE DOT - if this turns orange or red be alert

Thursday, March 18, 2010

vıx update - mission almost accomplished

VIX weekly has the 13 count as of now and reached the target of 16.5, which is what we waited for. left hand we have a daily chart though to study the fine tuning and it appears that we need a modest decline over the next few trading days to complete the seq count but that is not mandatory but likely though. which confirms our view that window dressing will keep prices up and the VIX low for the next week basically. defcon 1 is active and we get ready to fire - the only thing is really that the wallstreet thieves need to finish their quarter end manipulations as now goldman and morgan stanley have their quarter ends with the fund managers.

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I am a professional independent trader