In my chart below the TRIN does not look excessive, however the VIX is weird here, way ahead of price.
Somebody's going to catch up.
(Frankly, if it was the other way around, I would be screaming about a big dip coming aka end of 2004.)
http://stockcharts.com/c-sc/sc?s=$ONE:$VIX&p=D&yr=0&mn=3&dy=0&i=p92561664295&a=251203294&r=7878.png
(Frankly, if it was the other way around, I would be screaming about a big dip coming aka end of 2004.)
(Isn't it funny that after 7 years we are just still barely over 1200?)
http://stockcharts.com/c-sc/sc?s=$VIX&p=D&st=2004-12-01&en=2005-02-01&i=p18700805739&a=72107875&r=97.png
Edited by Rogerdodger, 20 December 2011 - 03:58 PM.
