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VIX
Started by
eminimee
, Jun 07 2007 01:15 PM
3 replies to this topic
#1
eminimee
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I don't care who's fur is flying...
Posted 07 June 2007 - 01:15 PM
#2
fib_1618
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Posted 07 June 2007 - 01:31 PM
Looks like a Rorschach inkblot test...what do you see? 
Ahhh...never mind.
Fib
Ahhh...never mind.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
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#3
Rogerdodger
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Posted 07 June 2007 - 01:38 PM
It looks like the last cruise I went on. 
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
Stickan
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Posted 07 June 2007 - 02:43 PM
this continues to be amazing.....are we doing the 9th?
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It's interesting what people see and don't see in a chart, which of course is the reason we have sellers and buyers at the same price......
Also what kind of jokes ignorant people like to tell.....
Anyway, the pattern you are showing is a perfect example of Michael Jenkins "Foldback Pattern".
In a chapter in his book "Chart Reading For Professional Traders", he demonstrates how stocks often develops a mirrorimage of past moves, if you fold at the center, like at an important high or an important low.
In this case, the center, or where you fold the chart would be June 22, 2000, which is incidently is the exact date in 2007 where I suspect we migh ave a dramatic move.
Note the date of the the"spike lows" and center and winter/summer solstice and a 7year cycle?
Also I think I posted my similar VIX chart some months ago, where I then suggested that we had seen the the VIX low for sometime.
My suggestion is that we will "see" VIX returning to the levels seen in the early nineties
Another funny thing about VIX is seen in this chart.
After trading down, in the face of a rising market it has since April been trading UP together with a rising market (SPX), as shown with the regression channel.
