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$VIX Nearing 200-Day SMA


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#1 inamosa

inamosa

    Patterns-based Trader and Investor in ETFs and Futures

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Posted 02 January 2009 - 01:57 PM

has tremendous support at ~$34-35 ($34.48 to be precise = 200 day SMA) Currently $37.50
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months