Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
Tuesday, October 14, 2008
The VIX is telling the story....
When I said a few days ago "the VIX would fall" I did not figure on it falling from the 70's. WOW!!!! It is still amazing how Fibonacci levels come into play even on the VIX. It appears that for the time being the government has put the breaks on the freefall market. It is merely a bouncing ball losing momemtum with each successive bounce......
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