What I found interesting was the VIX was up 6.4% while what is suppose to be the ETF equivalent for the VIX VXX was down 1.8%. Can we make anything of this?
Expect the unexpected I say. What does everyone expect next week? Answer: A rally from the debt ceiling bill being passed. What if it doesn’t? I don’t think everyone thinks that the US can really default… which is what must happen. Maybe not next week, but it’s coming.
Like you said, they might fool us all. Nevertheless, it’s getting pretty exciting. VIX is getting pretty hard core, that is, compared to recent complacency…
CLF makes a better short, than long, next couple of weeks.
here’s why.
http://zstock7.com/?p=5173#respond
MSFT Weekend update: http://niftychartsandpatterns.blogspot.com/2011/07/microsoft-weekend-update.html
SPX chart. just about says it all. imo.
http://zstock7.com/wp-content/uploads/2011/07/SPX-7-30.jpg
u Can follow the latest debt ceiling news here if really bored. Updates on its own. WSJ
http://blogs.wsj.com/washwire/2011/07/26/live-blog-the-u-s-debt- battle/
S&P 500 Weekend Update: http://niftychartsandpatterns.blogspot.com/2011/07/s-500-weekend-update_30.html
Scratch the downgrade, Moodys just said no downgrade as long as the bondholders are paid. About 30 bill, no problemo….
What I found interesting was the VIX was up 6.4% while what is suppose to be the ETF equivalent for the VIX VXX was down 1.8%. Can we make anything of this?
http://rocsinvestmentaccount.webs.com/
Expect the unexpected I say. What does everyone expect next week? Answer: A rally from the debt ceiling bill being passed. What if it doesn’t? I don’t think everyone thinks that the US can really default… which is what must happen. Maybe not next week, but it’s coming.
Like you said, they might fool us all. Nevertheless, it’s getting pretty exciting. VIX is getting pretty hard core, that is, compared to recent complacency…
One last pump before the dump?