vix spike = temp bottom

[daniel33]

When I see higher highs and higher lows I will buy pullbacks until then the bear is strong.

Daniel

 

[bloosteak]

i was talking about discount window, not a bank going under

 

[Trayo]

Quote from bloosteak:

i was talking about discount window, not a bank going under

Yeah but that rumor was out before the close also...

 

[Spectre2007]

vix to 40

 

[bloosteak]

and the whole market tumbled at the end as well

 

[makloda]

VIX here VIX there. Too many sheep watching it and waiting for a bell to be rung as a buy signal, it's been all over the news for weeks. Waste of time.

 

[newguy05]

when did the indymac story first break on the news? not rumors, but when it was first officially announced that fdic is step in. Was it after the closing on 7/11 or before? The afterhour trading of 7/11 didnt seem to be affected by the news

 

[luckylee]

Agree. Very premature bottom call.

Quote from makloda:

VIX here VIX there. Too many sheep watching it and waiting for a bell to be rung as a buy signal, it's been all over the news for weeks. Waste of time.

 

[Mr. Rowshan]

Quote from Landis82:

Investors Intelligence Sentiment spiking to levels worse than the October 25th, 2002 lows . . .

Only 27.4% Bulls as of July 9th.
And 47.x% Bears as of July 9th.

waggie can you take your cut and paste crap and for ONCE make a market interpretation from it please. OK, II are at extreme levels..so what does that mean to YOUR trading?

 

[trader_arb]

Quote from makloda:

VIX here VIX there. Too many sheep watching it and waiting for a bell to be rung as a buy signal, it's been all over the news for weeks. Waste of time.

Quote from luckylee:

Agree. Very premature bottom call.

I don't think that was the point he was trying to make....The point was a bottom could happen without VIX spiking up 20 points. In fact, if everyone is waiting for it to spike, theres a good possibility they are already in cash, which is bullish