ES Journal Archive (2006 - 2008)

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Quote from vertigo3:

wave,
do you think that 1435 has to be printed/undercut before the VIX sarts to decline?

If you accept the fact that the markets are predominantly biased to the long side then you would want volatility to be low as you ride your positions. The VIX will then adjust itself. VIX target 14.
 
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