Red

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Here we go… Market ignores China rate hike, as usual. Nothing economic-wise matters. LOL!

Silver just broke $30 again.

Gang, I definitely believe that we have another FP on the VIX now. For this 14.86 print to be hit the market will likely rise up to that 1333 spx level (or a little higher?). Unfortunately, I didn’t get a screen shot… bummer, but we know the target now. So we wait for a short entry at that area.

that vix number was the bottom of the bollinger band?? i dunno how to take it… it is still referenced on cnbc http://data.cnbc.com/quotes/VIX

We did not get to 14.86, so it is a FP. Just like the 17.10 one we had last week, which was hit.

It’s gone now, as I refreshed the page?

It’s gone now, as I refreshed the page?

yeah, that is what i am trying to figure out – why the spike?? if this is a FP well that means a 30 point up in the S&P or higher……yeesh! i will cover my shorts if this is a FP

yeah, that is what i am trying to figure out – why the spike?? if this is a FP well that means a 30 point up in the S&P or higher……yeesh! i will cover my shorts if this is a FP

good question red,

i dunno??? seems odd to me when we were negative at the open??